Alert: Major Price Advance (10/15/24)-First Northwest Bancorp (NASDAQ: FNWB).

First Northwest Bancorp (NASDAQ: FNWB) stock enjoyed a major increase of 10.1% on 10/15/24. The shares closed at $11.48. However, trading volume in this advance was below average at 80% of normal. The stock has risen 12.4% during the last week but has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, FNWB is expected to continue to be Value Creation neutral.

First Northwest Bancorp has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. First Northwest Bancorp has a slightly positive Appreciation Score of 69 but a slightly negative Power Rating of 34, producing the Neutral Value Trend Rating.

Rating Review

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