Stephens & Co. Upgrades Renasant to Overweight, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has upgraded Renasant (NYSE:RNST) from Equal-Weight to Overweight and raised the price target from $34 to $41.
July 31, 2024 | 7:52 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stephens & Co. has upgraded Renasant (NYSE:RNST) from Equal-Weight to Overweight and raised the price target from $34 to $41.
The upgrade from Equal-Weight to Overweight and the significant increase in the price target from $34 to $41 by Stephens & Co. is likely to positively impact RNST's stock price in the short term. Such upgrades typically signal strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100