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Fly News Breaks for September 1, 2017
PFS
Sep 1, 2017 | 06:05 EDT
DA Davidson analyst Russell Gunther started Provident Financial with a Neutral rating and $25 price target.
News For PFS From the Last 2 Days
PFS
Mar 26, 2024 | 07:21 EDT
RBC Capital lowered the firm's price target on Provident Financial to $19 from $21 and keeps an Outperform rating on the shares. The firm is reducing its FY24 EPS view by 12c to $1.88 and its FY25 view by 6c to $2.25 after the company disclosed that its FDIC regulatory approval for Lakeland Bancorp merger is contingent on meeting a number of objectives, including a $200M sub-debt capital raise, maintaining certain capital levels over the medium-term, and developing a residential mortgage action plan related to community investment, the analyst tells investors in a research note.
PFS
Mar 26, 2024 | 05:23 EDT
Keefe Bruyette lowered the firm's price target on Provident Financial (PFS) to $17 from $20 and keeps a Market Perform rating on the shares. The analyst reduced estimates to reflect the new $200M sub debt raise and a shift in the timing of the Lakeland Bancorp (LBAI) deal close from the end of Q1 to the end of Q2.