RBC Capital Maintains Sector Perform on Cullen/Frost Bankers, Lowers Price Target to $122
Portfolio Pulse from jenniferd'souza@benzinga.com
RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on Cullen/Frost Bankers (NYSE:CFR) but lowered the price target from $127 to $122.
July 28, 2023 | 4:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RBC Capital has maintained its 'Sector Perform' rating on Cullen/Frost Bankers but lowered the price target from $127 to $122.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock price of Cullen/Frost Bankers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100