Raymond James Downgrades Fulton Financial to Market Perform
Raymond James analyst Daniel Tamayo downgrades Fulton Financial (NASDAQ:FULT) from Outperform to Market Perform.
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Fulton Financial (NASDAQ:FULT) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.47 by 27.66 percent. This is a 9.09 percent increase over earnings of $0.55 per share from
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Raymond James analyst Daniel Tamayo downgrades Fulton Financial (NASDAQ:FULT) from Outperform to Market Perform.
With traditional retirement income sources like bonds and Social Security proving inadequate, the article recommends dividend-paying stocks from high-quality companies as a reliable income alternative. Three stocks are highlighted: Bristol Myers Squibb (3.96% yield), Fulton Financial (3.24% yield), and InvenTrust Properties Corp. (3.24% yield), all offering steady dividend growth to help offset inflation.
Most investors divide the market into neat boxes. Growth investors want expanding companies. Income investors want dependable dividends. Small-cap investors want undiscovered businesses that can become much
Piper Sandler analyst Manuel Navas reiterates Fulton Financial (NASDAQ:FULT) with a Neutral and raises the price target from $23 to $27.