First Foundation Inc (NYSE: FFWM) stock enjoyed a major increase of 11.4% on 12/14/23. The shares closed at $9.02. Moreover, exceptionally high trading volume at 208% of normal accompanied the advance. The stock has risen 34.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FFWM is expected to be Value Creation neutral.
First Foundation has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Foundation has a slightly positive Power Rating of 64 and a good Appreciation Score of 77, resulting in the Positive Value Trend Rating.
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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