Hovde Group Downgrades Renasant to Market Perform, Announces $38 Price Target
Portfolio Pulse from Benzinga Newsdesk
Hovde Group analyst David Bishop has downgraded Renasant (NYSE:RNST) from Outperform to Market Perform and set a price target of $38.

July 25, 2024 | 8:16 pm
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Hovde Group analyst David Bishop downgraded Renasant from Outperform to Market Perform and set a price target of $38.
The downgrade from Outperform to Market Perform by a reputable analyst and the setting of a price target at $38, which may be lower than current market expectations, is likely to negatively impact investor sentiment and short-term stock price.
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