Piper Sandler Maintains Overweight on CVB Financial, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matthew Clark maintains an Overweight rating on CVB Financial (NASDAQ:CVBF) but lowers the price target from $25 to $23.
November 01, 2024 | 5:28 pm
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Piper Sandler has maintained an Overweight rating on CVB Financial but has reduced the price target from $25 to $23, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in CVB Financial's performance, but the lowered price target indicates a tempered outlook, likely leading to a slight negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100