Alert: Positive Investment/Fundamental Signals (3/15/24)-Pathfinder Bancorp Inc (NASDAQ: PBHC)

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Extremely significant positive changes in Pathfinder Bancorp Inc (NASDAQ: PBHC) investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent meaningful positive changes in fundamentals have benefitted Pathfinder Bancorp Inc (NASDAQ: PBHC): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PBHC is expected to continue to be a modest Value Builder.

Pathfinder Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pathfinder Bancorp has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 44, leading to the Neutral Value Trend Rating.

Recent Price Action

Pathfinder Bancorp Inc (NASDAQ: PBHC) stock enjoyed a large increase of 4.1% on 3/15/24. The stock closed at $12.91. Moreover, exceptionally high trading volume at 218% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 8.4% during the last week.

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