Raymond James Maintains Strong Buy on UMB Financial, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst David Long has maintained a Strong Buy rating on UMB Financial (NASDAQ:UMBF) and increased the price target from $80 to $102.
February 01, 2024 | 2:30 pm
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POSITIVE IMPACT
Raymond James has reaffirmed a Strong Buy rating on UMB Financial and raised the price target from $80 to $102.
The upgrade in price target by a reputable analyst like David Long from Raymond James is a strong positive signal for UMB Financial. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100