Stock Track | United Bankshares Soars 5.23% Following Piper Sandler Upgrade to Overweight

Stock Track

Oct 24

United Bankshares (UBSI) stock is soaring 5.23% in Friday's pre-market trading session, following a significant upgrade from Piper Sandler. The positive analyst action has sparked investor enthusiasm, driving the shares higher.

Piper Sandler raised its rating on United Bankshares to Overweight from Neutral, signaling increased confidence in the bank's prospects. Additionally, the firm boosted its target price for UBSI to $42.50 from $40.00, suggesting potential upside for the stock. This upgrade comes as a strong vote of confidence in United Bankshares' business model and future growth potential.

The positive sentiment from Piper Sandler aligns with the overall analyst outlook for United Bankshares. According to FactSet, the stock currently maintains an average rating of Overweight among analysts, with a mean price target of $40.90. However, it's worth noting that Stephens has taken a slightly more cautious stance, trimming its target price to $40 from $41, although this adjustment appears to have been overshadowed by the Piper Sandler upgrade in today's trading.

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The positive analyst action has sparked investor enthusiasm, driving the shares higher.</p>\n\n<p>Piper Sandler raised its rating on United Bankshares to Overweight from Neutral, signaling increased confidence in the bank's prospects. Additionally, the firm boosted its target price for UBSI to $42.50 from $40.00, suggesting potential upside for the stock. This upgrade comes as a strong vote of confidence in United Bankshares' business model and future growth potential.</p>\n\n<p>The positive sentiment from Piper Sandler aligns with the overall analyst outlook for United Bankshares. According to FactSet, the stock currently maintains an average rating of Overweight among analysts, with a mean price target of $40.90. However, it's worth noting that Stephens has taken a slightly more cautious stance, trimming its target price to $40 from $41, although this adjustment appears to have been overshadowed by the Piper Sandler upgrade in today's trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UBSI","symbol_name":"联合银行","start_time":0,"source_url":"","article_id":"1123859231","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123859231","pubTimestamp":1761314431,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"United Bankshares (UBSI) stock is soaring 5.23% in Friday's pre-market trading session, following a significant upgrade from Piper Sandler. 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