BofA analyst Brandon Berman downgraded Silvergate Capital to Underperform from Neutral with a price target of $8, down from $37.
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Published first on TheFly
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Read More on SI:
- Silvergate Capital Continues to Bleed after Analyst Downgrades
- Silvergate Capital downgraded to Neutral from Overweight at JPMorgan
- Silvergate Capital price target lowered to $21 from $51 at BTIG
- ‘Worst-case scenario’ coming to pass for Silvergate, says Wells Fargo
- Wedbush cuts Silvergate target, sees ‘clear-the-decks moment’