Morgan Stanley Maintains Equal-Weight on Cadence Bank, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Cadence Bank (NYSE:CADE) and lowers the price target from $23 to $22.
September 27, 2023 | 12:42 pm
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Morgan Stanley has maintained an Equal-Weight rating on Cadence Bank and lowered the price target from $23 to $22.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Cadence Bank's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100