Piper Sandler Maintains Overweight on Cadence Bank, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brad Milsaps has maintained an Overweight rating on Cadence Bank (NYSE:CADE) but lowered the price target from $30 to $28.
October 25, 2023 | 7:30 pm
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Piper Sandler has maintained an Overweight rating on Cadence Bank but lowered the price target from $30 to $28.
The news is directly about Cadence Bank and is likely to influence investor sentiment. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100