Stephens & Co. Maintains Equal-Weight on Cullen/Frost Bankers, Lowers Price Target to $117
Portfolio Pulse from jenniferd'souza@benzinga.com
Stephens & Co. analyst Matt Olney maintains an Equal-Weight rating on Cullen/Frost Bankers (NYSE:CFR) and lowers the price target from $121 to $117.
July 28, 2023 | 4:10 pm
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NEGATIVE IMPACT
Cullen/Frost Bankers' price target has been lowered from $121 to $117 by Stephens & Co. The rating remains at Equal-Weight.
The lowering of the price target by Stephens & Co. indicates a less optimistic outlook for Cullen/Frost Bankers, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100