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Fly News Breaks for March 4, 2019
OCFC
News For OCFC From the Last 2 Days
OCFC
Apr 22, 2024 | 08:28 EDT
Raymond James lowered the firm's price target on OceanFirst Financial to $20 from $22 and keeps an Outperform rating on the shares following the company's Q1 report. Though EPS beat forecasts on benign credit trends, a more durable net interest margin, and well-controlled expenses, significantly softer balance sheet growth trends weighed on the fundamental outlook, the analyst tells investors.
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