As previously reported, Janney Montgomery Scott downgraded First National Corporation to Neutral from Buy with a $19 fair value estimate, citing valuation with the stock having less than 1% upside to the firm’s estimate based on last night’s close. The firm’s FY23 and FY24 EPS estimates are unchanged at $2.14 and $1.70, respectively.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FXNC: