Stephens & Co. Reiterates Overweight on Cadence Bank, Maintains $33 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Matt Olney reiterated an Overweight rating on Cadence Bank (NYSE:CADE) with a maintained price target of $33.

April 23, 2024 | 2:50 pm
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Stephens & Co. reaffirmed an Overweight rating on Cadence Bank with a $33 price target, indicating a positive outlook.
The reiteration of an Overweight rating by a reputable analyst firm like Stephens & Co., along with a maintained price target, suggests a strong conviction in the bank's future performance. This endorsement is likely to instill confidence among investors, potentially driving up the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100