Truist Securities Maintains Buy on Cadence Bank, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Cadence Bank and raised its price target from $37 to $38, indicating a positive outlook for the bank's stock.
October 23, 2024 | 12:47 pm
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POSITIVE IMPACT
Truist Securities has maintained a Buy rating on Cadence Bank and increased the price target from $37 to $38, suggesting a positive short-term outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in Cadence Bank's performance and potential for stock price appreciation. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100