Unveiling 4 Analyst Insights On Commerce Bancshares
Portfolio Pulse from Benzinga Insights
Commerce Bancshares (NASDAQ:CBSH) received mixed analyst ratings over the past three months, with all four analysts rating it as 'Indifferent'. The average 12-month price target increased to $60.5, reflecting a 7.56% rise from the previous target. Analysts from Morgan Stanley, Wells Fargo, Jefferies, and Keefe, Bruyette & Woods raised their price targets, indicating a positive outlook.
July 22, 2024 | 6:01 pm
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Commerce Bancshares received mixed ratings from analysts, all rating it as 'Indifferent'. However, the average 12-month price target increased by 7.56% to $60.5, with analysts from major firms raising their targets.
Despite the 'Indifferent' ratings, the increase in the average 12-month price target by 7.56% and the raised targets from major analysts suggest a positive short-term outlook for CBSH.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100