DA Davidson Maintains Buy on Cadence Bank, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gary Tenner maintains a Buy rating on Cadence Bank and raises the price target from $36 to $40.
October 23, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DA Davidson analyst Gary Tenner has reaffirmed a Buy rating for Cadence Bank and increased the price target from $36 to $40, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target from $36 to $40 by DA Davidson suggests a positive outlook for Cadence Bank. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100