Alert: Positive Investment/Fundamental Signals (12/27/23)-Financial Institutions Inc (NASDAQ: FISI)

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Extremely significant positive changes in Financial Institutions Inc (NASDAQ: FISI) investment behavior have recently occurred: positive upside/downside volume developed, and its longer term price trend turned up.

Recent important positive changes in fundamentals have benefitted Financial Institutions Inc (NASDAQ: FISI): the consensus estimate for December, 2024 increased significantly, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FISI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

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 Power Rating of 75 and a good Appreciation Score of 84, producing the Highest Value Trend Rating.

Recent Price Action

Financial Institutions Inc (NASDAQ: FISI) stock declined slightly by -0.2% on 12/27/23. The stock closed at $21.67. This decline was accompanied by normal trading volume. The stock has risen 6.1% during the last week and has been strong relative to the market over the last nine months.

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