First Foundation Inc. Announces Over $225 Million Equity Investment Anchored by Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, and North Reef Capital

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Go back to First Foundation Inc. Announces Over $225 Million Equity Investment Anchored by Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, and North Reef Capital

DA Davidson Upgrades First Foundation (FFWM) to Buy

July 3, 2024 6:16 AM EDT

DA Davidson analyst Gary Tenner upgraded First Foundation (NYSE: FFWM) from Neutral to Buy with a price target of $9.00 (from $8.00).

THe analyst comments "We are upgrading FFWM shares from Neutral to BUY with a revised $9 PT, following the announced capital raise. While near... More