Piper Sandler Maintains Neutral on MidWestOne Financial Gr, Lowers Price Target to $31.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Nathan Race maintains a Neutral rating on MidWestOne Financial Group (NASDAQ:MOFG) and lowers the price target from $33 to $31.5.
October 28, 2024 | 4:09 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on MidWestOne Financial Group and reduced the price target from $33 to $31.5, indicating a slightly bearish outlook.
The lowering of the price target from $33 to $31.5 by Piper Sandler suggests a slightly negative outlook on the stock's performance. Maintaining a Neutral rating indicates no strong buy or sell recommendation, but the reduced target price could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100