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A Quick Look at Today's Ratings for Cadence Bancorp(CADE.US), With a Forecast Between $34 to $40

Moomoo News ·  Oct 24 09:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Cadence Bancorp (CADE.US)$, with price targets ranging from $34 to $40.

Morgan Stanley analyst Manan Gosalia maintains with a buy rating, and maintains the target price at $39.

Barclays analyst Jared Shaw maintains with a hold rating, and adjusts the target price from $35 to $37.

Piper Sandler analyst Stephen Scouten maintains with a hold rating, and maintains the target price at $34.

Janney Montgomery analyst John Rodis maintains with a hold rating.

D.A. Davidson analyst Gary Tenner maintains with a buy rating, and adjusts the target price from $39 to $40.

Furthermore, according to the comprehensive report, the opinions of $Cadence Bancorp (CADE.US)$'s main analysts recently are as follows:

  • Cadence Bank's revenue outlook appears to be on the conservative side, with expectations for loan growth to see a positive turn in 2025.

Here are the latest investment ratings and price targets for $Cadence Bancorp (CADE.US)$ from 5 analysts:

StockTodayLatestRating_mm_74126840765858_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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