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CNOB
Benzinga
146 days

ConnectOne Bancorp Shares Are Rarely This Cheap, Analyst Upgrades Stock And Price Forecast

1. CNOB shares upgraded to Outperform with a price target increase to $32. 2. Stock is trading at a notable discount to peers and historical medians. 3. Key positives include merger accretion and organic NIM expansion. 4. CNOB ranks in the top decile for growth metrics through 2026. 5. Initial merger integration efforts reported to be progressing smoothly.

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FAQ

Why Bullish?

The analyst upgrade and positive growth expectations indicate strong future performance. Historical data shows upgrades often correlate with price increases.

How important is it?

The article highlights significant analyst changes and projections for CNOB, which are critical for investors.

Why Long Term?

Sustained growth projections and merger integration are likely to have lasting effects. Long-term projections suggest robust earnings growth and industry positioning.

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