JP Morgan Maintains Overweight on Cullen/Frost Bankers, Raises Price Target to $135
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Cullen/Frost Bankers (NYSE:CFR) and raises the price target from $130 to $135.
June 29, 2023 | 4:12 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Cullen/Frost Bankers and raises the price target from $130 to $135, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates a positive outlook for Cullen/Frost Bankers. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100