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

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Brookline Bancorp Inc (NASDAQ: BRKL) stock enjoyed a major increase of 11.2% on 11/6/24. The shares closed at $12.46. Moreover, trading volume in this advance was exceptionally high at 340% of normal. The stock has been strong relative to the market over the last nine months and has risen 10.4% 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, BRKL is expected to continue to be a modest Value Builder.

Brookline Bancorp 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. Brookline Bancorp has a good Power Rating of 80 and a good Appreciation Score of 83, leading to 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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