Truist Securities Maintains Hold on Cullen/Frost Bankers, Lowers Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a 'Hold' rating on Cullen/Frost Bankers (NYSE:CFR) and lowered the price target from $113 to $97.
September 27, 2023 | 4:36 pm
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NEGATIVE IMPACT
Cullen/Frost Bankers' price target has been lowered from $113 to $97 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target for Cullen/Frost Bankers by Truist Securities indicates a less optimistic outlook for the stock, which could potentially lead to a decrease in its price in the short term. The 'Hold' rating suggests that the analyst does not see significant upside or downside from the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100