Barclays maintained its Overweight rating on Popular, Inc., raising its price target to $185 from $180. Popular, Inc. declared monthly dividends of $0.13 per share on its preferred stock and trust preferred securities.
Barclays reaffirmed its Overweight rating on Popular, Inc. and raised its price target to $185 from $180, reflecting confidence in the bank holding company's earnings potential.
Popular, Inc. declared a monthly cash dividend of $0.13 per share on its preferred stock and a $0.13 distribution on trust preferred securities, underlining steady cash flows and commitment to returns.
At the time of the rating, Popular, Inc.’s shares traded around $168.69, close to a 52-week high of $170.02, and the company held a market capitalization of approximately $10.9 billion.
Investors are focused on the second-quarter results release on July 23, 2026, for a clearer view of the company’s recent performance and future outlook.
