Barclays Maintains Overweight on UMB Financial, Raises Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw has maintained an Overweight rating on UMB Financial and raised the price target from $118 to $123.
October 31, 2024 | 6:38 pm
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Barclays has maintained an Overweight rating on UMB Financial and increased the price target from $118 to $123, indicating a positive outlook.
The increase in price target from $118 to $123 by Barclays suggests a positive outlook for UMB Financial. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on the stock price as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100