Janney Montgomery Scott initiated coverage of Burke & Herbert with a Buy rating and $70 fair value estimate. The firm says the company’s recent acquisition of Summit Financial is “transformative” and will drive “superior” profitability.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHRB: