CrossFirst Bankshares shares are trading higher after Stephens & Co upgraded the stock from Equal-Weight to Overweight and raised its price target from $16 to $18.
Portfolio Pulse from Benzinga Newsdesk
CrossFirst Bankshares' stock (CFB) is trading higher following an upgrade from Stephens & Co, which changed its rating from Equal-Weight to Overweight and increased the price target from $16 to $18.

January 24, 2024 | 3:43 pm
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POSITIVE IMPACT
CrossFirst Bankshares' stock is likely to experience a positive short term impact due to the upgrade from Stephens & Co from Equal-Weight to Overweight and a raised price target from $16 to $18.
Analyst upgrades and revised price targets are strong indicators that can influence investor sentiment and stock prices in the short term. The upgrade from Equal-Weight to Overweight suggests that Stephens & Co sees more potential in CFB than previously thought, and the increase in the price target from $16 to $18 provides a specific expectation for stock price appreciation. This news is likely to be taken positively by the market, leading to an increase in the stock price as investors adjust their valuations based on the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100