Truist Securities Maintains Buy on Cadence Bank, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Buy rating on Cadence Bank (NYSE:CADE) and raises the price target from $31 to $38.
July 24, 2024 | 12:08 pm
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Truist Securities analyst Brandon King has reaffirmed a Buy rating on Cadence Bank and increased the price target from $31 to $38.
The reaffirmation of a Buy rating and the significant increase in the price target from $31 to $38 by Truist Securities is a positive signal for investors. This suggests confidence in Cadence Bank's future performance, likely leading to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100