Keefe, Bruyette & Woods Maintains Outperform on Mid Penn Bancorp, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has maintained an 'Outperform' rating on Mid Penn Bancorp and raised the price target from $34 to $37.
October 29, 2024 | 3:09 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods has maintained an 'Outperform' rating on Mid Penn Bancorp and increased the price target from $34 to $37, indicating positive expectations for the stock.
The 'Outperform' rating and increased price target suggest that the analyst expects the stock to perform well relative to the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100