Community Financial System shares are trading higher after Raymond James upgraded the stock from Market Perform to Strong Buy and announced a price target of $67.
Portfolio Pulse from Benzinga Newsdesk
Community Financial System shares rose following an upgrade by Raymond James from Market Perform to Strong Buy, with a new price target of $67.
October 28, 2024 | 4:13 pm
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POSITIVE IMPACT
Raymond James upgraded Community Financial System (CBU) from Market Perform to Strong Buy, setting a price target of $67, leading to a rise in share price.
The upgrade from a reputable firm like Raymond James and the setting of a specific price target are strong positive signals for investors, likely leading to increased buying interest and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100