Truist Securities Maintains Hold on Cullen/Frost Bankers, Raises Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Cullen/Frost Bankers (NYSE:CFR) and raises the price target from $114 to $121.

April 01, 2024 | 12:25 pm
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Truist Securities has maintained a Hold rating on Cullen/Frost Bankers and increased the price target from $114 to $121.
The increase in the price target by Truist Securities suggests a positive outlook on Cullen/Frost Bankers' stock, potentially leading to increased investor confidence and a short-term positive impact on the stock price. The Hold rating indicates that the stock is currently valued appropriately, but the raised target suggests some upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90