Piper Sandler Upgrades Renasant to Overweight, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Renasant (NYSE:RNST) from Neutral to Overweight and raised the price target from $34 to $40.
August 05, 2024 | 9:58 am
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Piper Sandler analyst Stephen Scouten has upgraded Renasant (NYSE:RNST) from Neutral to Overweight and increased the price target from $34 to $40.
The upgrade from Neutral to Overweight and the increase in price target from $34 to $40 by Piper Sandler is likely to positively impact Renasant's stock price in the short term. Such upgrades typically signal confidence in the company's future performance, attracting more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100