Barclays Upgrades UMB Financial to Overweight, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw upgraded UMB Financial (NASDAQ:UMBF) from Equal-Weight to Overweight and increased the price target from $91 to $95.

April 30, 2024 | 1:37 pm
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Barclays upgraded UMB Financial to Overweight from Equal-Weight and raised the price target to $95 from $91.
Upgrades by analysts, especially from reputable financial institutions like Barclays, often lead to positive short-term price movements. The increase in price target to $95 from $91 suggests a bullish outlook on the stock, likely influencing investor sentiment and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100