Barclays Maintains Equal-Weight on Cadence Bank, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Cadence Bank (NYSE:CADE) and raises the price target from $33 to $35.
September 27, 2024 | 2:25 pm
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Barclays analyst Jared Shaw maintains an Equal-Weight rating on Cadence Bank and raises the price target from $33 to $35, indicating a positive outlook.
The increase in price target from $33 to $35 by Barclays suggests a positive outlook for Cadence Bank, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100