Morgan Stanley Maintains Equal-Weight on Cadence Bank, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Cadence Bank (NYSE:CADE) and raises the price target from $30 to $36.
August 05, 2024 | 5:25 pm
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POSITIVE IMPACT
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Cadence Bank and raises the price target from $30 to $36.
The raised price target from $30 to $36 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on Cadence Bank's stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100