Morgan Stanley Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Commerce Bancshares (NASDAQ:CBSH) and raises the price target from $58 to $66.
August 05, 2024 | 5:34 pm
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Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Commerce Bancshares and raises the price target from $58 to $66.
The raised price target from $58 to $66 by Morgan Stanley indicates a positive outlook for Commerce Bancshares, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced risk-reward profile.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100