RBC Capital Reiterates Sector Perform on Cullen/Frost Bankers, Maintains $118 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on Cullen/Frost Bankers (NYSE:CFR) and maintained a price target of $118.
January 26, 2024 | 3:05 pm
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RBC Capital analyst Jon Arfstrom reaffirmed a 'Sector Perform' rating on Cullen/Frost Bankers, with no change to the $118 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target suggests that RBC Capital's view on Cullen/Frost Bankers remains unchanged. This is likely to have a neutral short term impact on the stock as there is no new positive or negative information that would significantly alter investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100