Piper Sandler Maintains Overweight on Orange County Bancorp, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Fitzgibbon maintains an Overweight rating on Orange County Bancorp (NASDAQ:OBT) but lowers the price target from $69 to $66.
October 31, 2024 | 6:28 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Piper Sandler has maintained an Overweight rating on Orange County Bancorp but has lowered the price target from $69 to $66, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic view on its short-term performance. This could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100