Morgan Stanley Downgrades Customers Bancorp to Underweight, Raises Price Target to $89
Morgan Stanley analyst Brian Wilczynski downgrades Customers Bancorp (NYSE:CUBI) from Equal-Weight to Underweight and raises the price target from $88 to $89.
A big investment expert thinks Customers Bancorp might struggle compared to other banks, even though they raised their guess about its price a tiny bit. This suggests the expert is worried about the bank's future, so it's worth watching how the bank performs in the coming months.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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