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Popular price target raised to $141 from $137 at RBC Capital
Yahoo Finance· 2026-01-29 15:05
Group 1 - RBC Capital analyst Gerard Cassidy raised the price target on Popular (BPOP) to $141 from $137 and maintains an Outperform rating after the company's Q4 earnings beat [1] - The company has a strong capital position with a 15.7% common equity tier 1 ratio, providing flexibility for growth opportunities [1] - The Puerto Rican economy is benefiting from U.S. Government disaster relief spending and U.S. economic growth, positioning it well for the "on-shoring" trend [1]