Keefe Bruyette lowered the firm’s price target on Live Oak Bancshares (LOB) to $48 from $52 and keeps a Market Perform rating on the shares as part of a Q4 earnings preview for the banks. The recent pullback in bank stocks provides an opportunity for investors to selectively add exposure ahead of what Keefe believes will be “fairly constructive” 2025 guides, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOB:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue