Alert: Major Price Advance (11/6/24)-Eagle Bancorp Inc (NASDAQ: EGBN).

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Eagle Bancorp Inc (NASDAQ: EGBN) stock enjoyed a major increase of 13.9% on 11/6/24. The shares closed at $29.69. Moreover, trading volume in this advance was exceptionally high at 208% of normal. The stock has performed in line with the market over the last nine months and has risen 11.9% during the last week.

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Current PriceTarget Research Rating

EGBN is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Eagle Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Eagle Bancorp has a slightly positive Power Rating of 70 and a good Appreciation Score of 85, triggering the Highest Value Trend Rating.

Rating Review

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

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