Raymond James Upgrades CrossFirst Bankshares to Outperform, Announces $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Michael Rose has upgraded CrossFirst Bankshares (NASDAQ:CFB) from Market Perform to Outperform and set a price target of $16.
January 05, 2024 | 1:41 pm
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CrossFirst Bankshares was upgraded by Raymond James from Market Perform to Outperform with a price target of $16.
Analyst upgrades typically lead to a positive short-term reaction in the stock price as they suggest a better outlook for the company. The new price target of $16 indicates a potential upside from the current trading price, which can attract investor interest and drive up the stock price.
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