Zacks Research upgraded shares of Forbright (NASDAQ:FRBT – Free Report) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.
Several other brokerages have also commented on FRBT. Wells Fargo & Company started coverage on shares of Forbright in a research report on Monday. They issued an “overweight” rating and a $21.00 price objective on the stock. Barclays started coverage on shares of Forbright in a research report on Monday. They set an “overweight” rating and a $23.00 target price for the company. TD Cowen assumed coverage on shares of Forbright in a report on Monday. They issued a “buy” rating on the stock. Wall Street Zen upgraded Forbright to a “hold” rating in a research note on Saturday, June 20th. Finally, The Goldman Sachs Group assumed coverage on Forbright in a research note on Monday. They issued a “buy” rating and a $23.50 price objective on the stock. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $22.00.
View Our Latest Stock Report on FRBT
Forbright Stock Down 2.7%
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