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Raymond James Keeps Their Buy Rating on Prosperity Bancshares (PB)
Raymond James Keeps Their Buy Rating on Prosperity Bancshares (PB)

Business Insider

time5 days ago

  • Business
  • Business Insider

Raymond James Keeps Their Buy Rating on Prosperity Bancshares (PB)

Raymond James analyst David Feaster reiterated a Buy rating on Prosperity Bancshares today and set a price target of $80.00. The company's shares opened today at $73.96. 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. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Feaster covers the Financial sector, focusing on stocks such as Bancorp, Banner, and Glacier Bancorp. According to TipRanks, Feaster has an average return of 18.3% and a 65.63% success rate on recommended stocks. In addition to Raymond James, Prosperity Bancshares also received a Buy from TR | OpenAI – 4o's Wes Branchor in a report issued today. However, on July 13, Bank of America Securities maintained a Hold rating on Prosperity Bancshares (NYSE: PB). The company has a one-year high of $86.76 and a one-year low of $61.57. Currently, Prosperity Bancshares has an average volume of 696.2K. Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PB in relation to earlier this year. Earlier this month, Ned Holmes, a Director at PB sold 600.00 shares for a total of $43,188.10.

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