Alert: Major Price Advance (11/6/24)-Financial Institutions Inc (NASDAQ: FISI).

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On 11/6/24, Financial Institutions Inc (NASDAQ: FISI) stock enjoyed a major increase of 13.5%, closing at $27.98. Moreover, trading volume in this advance was exceptionally high at 443% of normal. The stock has risen 14.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

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

Financial Institutions has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Financial Institutions has a good Appreciation Score of 85 and a very high Power Rating of 88, 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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