Stephens & Co. Maintains Overweight on Primis Finl, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Russell Gunther maintains an Overweight rating on Primis Finl (NASDAQ:FRST) but lowers the price target from $16 to $14.
October 30, 2024 | 6:24 pm
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NEGATIVE IMPACT
Stephens & Co. maintains an Overweight rating on Primis Finl but lowers the price target from $16 to $14, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Primis Finl's performance, but the lowered price target from $16 to $14 indicates a slightly less optimistic view on its short-term price potential. This could lead to a minor negative impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100