First Bancorp. diskutieren

First BanCorp. (NYSE: FBP) had its price target raised by analysts at Keefe, Bruyette & Woods from $18.50 to $19.00. They now have an "outperform" rating on the stock.

First BanCorp. (NYSE: FBP) had its price target raised by analysts at Keefe, Bruyette & Woods from $19.00 to $21.00. They now have an "outperform" rating on the stock.

First Bancorp seems like a promising investment opportunity. The recent news highlights the company's solid financial performance and commitment to shareholder value. The dividend declaration is a positive sign, indicating the management's confidence in the company's growth and ability to reward its investors. While the current price of $16.7 may seem reasonable, I believe the stock has the potential to reach a target price of $18.5 in the near future. The company's strong fundamentals, coupled with the positive market sentiment, make it an attractive option for investors looking to expand their portfolio. Of course, as with any investment, it's important to do your own research and consider your individual financial goals and risk tolerance. But based on the information available, I personally see First Bancorp as a buy.

First BanCorp. (NYSE: FBP) is now covered by analysts at Raymond James. They set an "outperform" rating and a $21.00 price target on the stock.