Keefe, Bruyette & Woods Maintains Market Perform on Burke & Herbert Financial, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has maintained a Market Perform rating on Burke & Herbert Financial (NASDAQ:BHRB) but has lowered the price target from $73 to $72.
October 29, 2024 | 2:14 pm
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Keefe, Bruyette & Woods has maintained a Market Perform rating on Burke & Herbert Financial but lowered the price target from $73 to $72, indicating a slight decrease in expected valuation.
The lowering of the price target from $73 to $72 by Keefe, Bruyette & Woods suggests a slightly less optimistic view on Burke & Herbert Financial's future performance. This could lead to a minor negative impact on the stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100