ConnectOne Bancorp, Inc. Depositary Shares, each representing a 1/40th interest in a share of 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A (CNOBP) Downgraded to Market Perform by Raymond James

Market Context

ConnectOne Bancorp, Inc. Depositary Shares, each representing a 1/40th interest in a share of 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A operates in the Financial Services sector. The stock currently trades at $24.96 with a market capitalization of $1.2B.

Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Raymond James's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for ConnectOne Bancorp, Inc. Depositary Shares, each representing a 1/40th interest in a share of 5.25% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A

Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 01, 2026	Raymond James	Market Perform	N/A
Jun 26, 2026	Piper Sandler	Overweight	N/A
Apr 24, 2026	Keefe, Bruyette & Woods	Outperform	N/A
Jan 30, 2026	Keefe, Bruyette & Woods	Outperform	N/A
Apr 25, 2025	Keefe, Bruyette & Woods	Outperform	N/A

Related Tools: Analyst Ratings Dashboard | View CNOBP Stock Page