Barclays Maintains Equal-Weight on Cadence Bank, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Cadence Bank (NYSE:CADE) and raises the price target from $29 to $30.
June 24, 2024 | 4:27 pm
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Barclays analyst Jared Shaw maintains an Equal-Weight rating on Cadence Bank and raises the price target from $29 to $30.
The raised price target from $29 to $30 by Barclays suggests a positive outlook for Cadence Bank, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100