Keefe, Bruyette & Woods Maintains Outperform on Cadence Bank, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Catherine Mealor maintains an Outperform rating on Cadence Bank (NYSE:CADE) and raises the price target from $32 to $33.
April 24, 2024 | 2:38 pm
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Cadence Bank's Outperform rating is maintained by Keefe, Bruyette & Woods, with a price target increase from $32 to $33.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock, suggesting a potential upside based on the firm's analysis. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100