Forbright (NASDAQ:FRBT – Get Free Report) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.
A number of other brokerages have also recently weighed in on FRBT. Wells Fargo & Company started coverage on shares of Forbright in a research note on Monday. They set an “overweight” rating and a $21.00 price objective on the stock. TD Cowen started coverage on shares of Forbright in a research note on Monday. They set a “buy” rating on the stock. Barclays began coverage on shares of Forbright in a research note on Monday. They issued an “overweight” rating and a $23.00 price target for the company. Piper Sandler started coverage on Forbright in a research note on Monday. They set a “neutral” rating and a $21.50 price target for the company. Finally, JPMorgan Chase & Co. initiated coverage on Forbright in a research report on Monday. They set a “neutral” rating and a $21.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $22.00.
Check Out Our Latest Research Report on FRBT
Forbright Stock Performance
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