Metropolitan Bank's Decision to Exit BaaS Impacts Stock Price Forecast Significantly
Monday, 4 March 2024, 09:30
Metropolitan Bank Exits Banking as a Service (BaaS)
Metropolitan Bank recently made a significant decision to completely exit the realm of Banking as a Service (BaaS). This move has garnered attention from investors and analysts alike, especially with the subsequent action taken by JPMorgan.
JPMorgan Lowers Stock Price Target
Metropolitan Bank's stock price target has been revised downwards by JPMorgan to $55 following the announcement of the BaaS exit. This adjustment is expected to have a notable impact on the market and the company's overall performance.
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