There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Network International Holdings (NWKLF – Research Report) and Amalgamated Bank (AMAL – Research Report) with bullish sentiments.
Amalgamated Bank (AMAL)
Barclays analyst Jason Goldberg maintained a Buy rating on Amalgamated Bank on January 14 and set a price target of $17.00. The company’s shares closed last Friday at $15.60.
According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 12.9% and a 63.0% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Atlantic Union Bankshares, and Capital One Financial.
Currently, the analyst consensus on Amalgamated Bank is a Strong Buy with an average price target of $17.00, implying a 13.2% upside from current levels. In a report issued on January 7, Raymond James also maintained a Buy rating on the stock with a $17.00 price target.
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