Citigroup Maintains Sell on Cullen/Frost Bankers, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ben Gerlinger maintains a Sell rating on Cullen/Frost Bankers (NYSE:CFR) and lowers the price target from $107 to $104.
September 30, 2024 | 5:59 pm
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NEGATIVE IMPACT
Citigroup analyst Ben Gerlinger maintains a Sell rating on Cullen/Frost Bankers and lowers the price target from $107 to $104, indicating a bearish outlook.
The Sell rating and reduced price target from a major financial institution like Citigroup suggest a negative outlook for Cullen/Frost Bankers, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100