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Berkshire Hills ( (BHLB) ) has provided an update.
On March 24, 2025, Berkshire Hills Bancorp filed a registration statement for its annual meeting scheduled for May 21, 2025. The statement included details about board meeting attendance in 2024, noting that most directors attended over 75% of meetings, except for Jeffrey W. Kip, who attended 67% and is not seeking re-election.
The most recent analyst rating on (BHLB) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Berkshire Hills stock, see the BHLB Stock Forecast page.
Spark’s Take on BHLB Stock
According to Spark, TipRanks’ AI Analyst, BHLB is a Neutral.
Berkshire Hills Bancorp demonstrates strong financial fundamentals with significant revenue growth and operational improvements. However, challenges in cash flow and liquidity present risks. The technical analysis indicates bearish trends, although the valuation remains attractive. Positive guidance from the earnings call and strategic growth initiatives, including a merger, provide a positive outlook but need to address concerns about income stability and economic uncertainty.
To see Spark’s full report on BHLB stock, click here.
More about Berkshire Hills
Berkshire Hills Bancorp, Inc. is a financial services company based in Delaware, primarily involved in banking and related financial services.
Average Trading Volume: 571,081
Technical Sentiment Signal: Buy
Current Market Cap: $1.23B
Learn more about BHLB stock on TipRanks’ Stock Analysis page.