BUZZ-Prosperity Bancshares falls after Citi downgrades to 'neutral'

Reuters
09/15
BUZZ-<a href="https://laohu8.com/S/PB">Prosperity Bancshares</a> falls after Citi downgrades to 'neutral'

** Shares of regional lender Prosperity Bancshares PB.N down 1.53% at $66.80 premarket

** Citi downgrades PB to "neutral" from "buy" and cuts price target to $68 from $78

** Citi says it has long viewed PB as one of the best 「bolt-on」 buyers in the small- and mid-cap stocks segment, but deal pricing in the current market is likely moving beyond the scope of what the bank is willing to pay

** That could keep PB away from deals large enough to support a valuation rerating, Citi says

** Nine of the 14 analysts rate the stock buy or higher and five "hold"; median PT is $81 - data compiled by LSEG

** As of last close, shares down 9.96% YTD

(Reporting by Anuj T in Bengaluru)

((Anuj.T@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10