Keefe, Bruyette & Woods Maintains Market Perform on Commerce Bancshares, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher Mcgratty has maintained a 'Market Perform' rating on Commerce Bancshares (NASDAQ:CBSH) and raised the price target from $58 to $60.
May 10, 2024 | 1:00 pm
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Commerce Bancshares' price target was raised from $58 to $60 by Keefe, Bruyette & Woods, maintaining a 'Market Perform' rating.
The increase in price target by a reputable analyst firm like Keefe, Bruyette & Woods typically signals a positive outlook on the stock's future performance, potentially leading to increased investor confidence and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100