Brookline Bancorp Plunges 8.57% to 2024 Low on Downgrades

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 6:40 pm ET1min read
BRKL--

Brookline Bancorp's stock price fell to its lowest level since August 2024 today, with an intraday decline of 8.57%.

Brookline Bancorp's stock price has been influenced by recent changes in analyst ratings and stock forecasts. Keefe, Bruyette & Woods downgraded Brookline BancorpBRKL-- from an "outperform" rating to a "market perform" rating with a price target of $14.50. Additionally, on April 9, 2025, Argus lowered its target price for Brookline Bancorp to $10.00, while the current stock price stood at $9.53. These downgrades and reductions in price targets could contribute to fluctuations in BRKL's stock price.

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