Janney raised the price target for the Signature Bank (NASDAQ:SBNY) stock from ‘a Neutral’ to ‘a Buy’. The rating was released on January 19, 2022, according to finviz. The research report from JP Morgan has reiterated the stock to Overweight, with a price target set at $250. The stock was upgraded by Hovde Group, who disclosed in a research note on January 25, 2021, from Market Perform to Outperform and set the price objective to $195. In their research brief published December 17, 2020, Seaport Global Securities analysts initiated the Signature Bank stock to Buy with a price target of $160.
Risks and Returns of Signature Bank (SBNY) Stock