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Shore Bancshares, Inc.: A Promising Investment Opportunity - Best Stocks

Shore Bancshares (NASDAQ:SHBI) has seen a recent decrease in its price objective, according to stock analysts at Keefe, Bruyette & Woods. In a report issued last Thursday, the firm lowered SHBI’s target from $18.00 to $16.00, resulting in a “market perform” rating for the bank’s stock. While this news may seem discouraging to some investors, it’s worth noting that Keefe, Bruyette & Woods’ new target price would suggest a potential upside of 16.53% from Shore Bancshares’ previous close.

beststocks.com     Apr 09, 2023