Stephens & Co. Maintains Equal-Weight on Renasant, Raises Price Target to $34
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Matt Olney maintains an Equal-Weight rating on Renasant (NASDAQ:RNST) and raises the price target from $30 to $34.
July 27, 2023 | 4:21 pm
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POSITIVE IMPACT
Renasant's price target has been raised from $30 to $34 by Stephens & Co., while maintaining an Equal-Weight rating.
The increase in price target by Stephens & Co. indicates a positive outlook for Renasant. This could potentially lead to an increase in the stock's price in the short term, hence the score of 1. The news is highly relevant as it directly pertains to Renasant (relevance of 100). The importance is set at 70 as price target revisions can significantly influence investor sentiment. The confidence level is set at 90, reflecting the clear impact of the analyst's rating and price target on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100