Raymond James Downgrades Hancock Whitney to Outperform, Raises Price Target to $46
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Michael Rose has downgraded Hancock Whitney (NASDAQ:HWC) from Strong Buy to Outperform and raised the price target from $45 to $46.

July 19, 2023 | 11:25 am
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Hancock Whitney has been downgraded from Strong Buy to Outperform by Raymond James, but the price target has been raised from $45 to $46.
The downgrade from Strong Buy to Outperform suggests that Raymond James sees less upside potential in Hancock Whitney's stock. However, the increase in price target from $45 to $46 indicates that the analyst still expects the stock to perform well, just not as strongly as previously anticipated. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100