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Keefe, Bruyette & Woods kept Alerus Financial at 'Market Perform' and raised its price target to $34.

OpinionRead the original at tradingview.com
Neutral

Keefe, Bruyette & Woods raised its target but kept its Market Perform rating. The estimate change does not show a clear change in Alerus Financial's business outlook.

ALRS · Alerus Financial Corporation

AI read · Neutral

The AI's read

This is a change in one analyst's estimate, not a change to Alerus Financial's business. The analyst kept the same rating, and the new target was about 3% above the prior closing price. The report gives no clear reason to change the company's outlook.

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