The Bancorp (TBBK) saw its stock price soar by 5.91% on Friday during intraday trading. This strong upward movement appears to be driven by a positive analyst report from KBW.
In a research note released today, analyst Tim Switzer from KBW maintained a "Buy" rating on TBBK shares, citing a price target of $66.00. This bullish outlook from the respected financial firm likely contributed to the surge in TBBK's stock price as investors reacted favorably to the analyst's recommendation.
With the KBW report reaffirming confidence in The Bancorp's prospects and setting a compelling upside target, traders seemingly piled into the stock, propelling its price higher by nearly 6% in intraday trading. The positive analyst coverage appears to be a key driver behind TBBK's substantial gains on Friday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。