Jefferies Downgrades Hancock Whitney to Hold, Lowers Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Casey Haire has downgraded Hancock Whitney (NASDAQ:HWC) from Buy to Hold and lowered the price target from $45 to $42.
July 11, 2023 | 9:02 am
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Hancock Whitney has been downgraded from Buy to Hold by Jefferies, with a lowered price target of $42.
The downgrade from Buy to Hold by Jefferies indicates a less optimistic outlook for Hancock Whitney. The lowering of the price target from $45 to $42 also suggests that the analyst sees less upside potential in the stock. This could negatively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100