Barclays Maintains Equal-Weight on Cadence Bank, Raises Price Target to $37
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 $35 to $37.
October 23, 2024 | 12:24 pm
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Barclays analyst Jared Shaw has maintained an Equal-Weight rating on Cadence Bank and increased the price target from $35 to $37, indicating a positive outlook.
The increase in price target from $35 to $37 by Barclays suggests a positive outlook for Cadence Bank, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
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IMPORTANCE 80
RELEVANCE 100