DA Davidson Maintains Neutral Rating for CVB Financial: Here's What You Need To Know

DA Davidson has decided to maintain its Neutral rating of CVB Financial CVBF and lower its price target from $19.00 to $18.00.

Shares of CVB Financial are trading up 1.95% over the last 24 hours, at $16.19 per share.

A move to $18.00 would account for a 11.18% increase from the current share price.

About CVB Financial

CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services through approximately 58 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.