Seaport Research raised the firm’s price target on Western New England Bancorp (WNEB) to $12 from $11 and keeps a Buy rating on the shares. The firm raised its price target on the stock due to NIM widening substantially and asset quality remaining high, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WNEB: