Alert: Major Price Advance (11/6/24)-First Busey Corp (NASDAQ: BUSE).

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On 11/6/24, First Busey Corp (NASDAQ: BUSE) stock enjoyed a major increase of 11.6%, closing at $27.29. Moreover, trading volume in this advance was exceptionally high at 297% of normal. Relative to the market the stock has been strong over the last nine months and has risen 10.1% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BUSE is expected to continue to be a Value Builder.

First Busey has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. First Busey has a good Appreciation Score of 74 and a good Power Rating of 84, with the Highest Value Trend Rating the result.

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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