Barclays Maintains Equal-Weight on Cadence Bank, Raises Price Target to $33
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 $30 to $33.
July 24, 2024 | 4:10 pm
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Barclays analyst Jared Shaw maintains an Equal-Weight rating on Cadence Bank and raises the price target from $30 to $33.
The raised price target from $30 to $33 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