Forbright (NASDAQ:FRBT) Upgraded to Hold at Zacks Research

Posted by Francis Steltz on Jul 9th, 2026

Forbright (NASDAQ:FRBT – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other brokerages also recently commented on FRBT. The Goldman Sachs Group started coverage on shares of Forbright in a report on Monday. They issued a “buy” rating and a $23.50 price target for the company. Barclays began coverage on Forbright in a research note on Monday. They issued an “overweight” rating and a $23.00 price objective for the company. Wall Street Zen raised Forbright to a “hold” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. started coverage on Forbright in a report on Monday. They set a “neutral” rating and a $21.00 price target on the stock. Finally, TD Cowen assumed coverage on Forbright in a research report on Monday. They issued a “buy” rating for the company. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Get Our Latest Stock Analysis on FRBT