Raymond James Upgrades UMB Financial to Strong Buy, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has upgraded UMB Financial (NASDAQ:UMBF) from Outperform to Strong Buy, but lowered the price target from $82 to $80.
October 26, 2023 | 11:46 am
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UMB Financial has been upgraded to Strong Buy by Raymond James, although the price target has been lowered from $82 to $80.
The upgrade to Strong Buy indicates a positive outlook for UMB Financial, which could lead to an increase in its stock price. However, the lowering of the price target might temper this positive impact slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100