Alert: Major Price Advance (11/14/23)-CVB Financial Corp (NASDAQ: CVBF).

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On 11/14/23, CVB Financial Corp (NASDAQ: CVBF) stock enjoyed a major increase of 11.9%, closing at $18.30. The stock has risen 5.8% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

CVBF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

CVB Financial has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CVB Financial has a neutral Power Rating of 52 but a good Appreciation Score of 77, and the Positive Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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