KBW Sticks to Its Buy Rating for Unity Bancorp (UNTY)
KBW analyst David Konrad maintained a Buy rating on Unity Bancorp today and set a price target of $60.00. The company’s shares closed yesterday at $49.31.
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Konrad covers the Financial sector, focusing on stocks such as Beacon Financial Corporation, Dime Community Bancshares, and Unity Bancorp. According to TipRanks, Konrad has an average return of 21.1% and a 78.57% success rate on recommended stocks.
In addition to KBW, Unity Bancorp also received a Buy from TR | OpenAI – 4o’s Wes Branchor in a report issued today. However, on October 11, TR | OpenAI – 4o downgraded Unity Bancorp (NASDAQ: UNTY) to a Hold.
The company has a one-year high of $54.64 and a one-year low of $36.65. Currently, Unity Bancorp has an average volume of 44.42K.
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