Barclays downgraded Cadence Bank (CADE) to Equal Weight from Overweight with a price target of $47, up from $46, after the company agreed to sell itself to Huntington Bancshares (HBAN) in an all-stock deal slated to close in Q1 of 2026.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CADE:
- Cadence Bank upgraded to Outperform from Sector Perform at RBC Capital
- Cadence Bank downgraded to Neutral from Overweight at Piper Sandler
- Midday Fly By: Novartis to buy Avidity, Keurig Dr Pepper beats expectations
- M&A News: Cadence Bank Stock Surges after Huntington Bancshares Makes $7.4B Offer
- Huntington’s purchase of Cadence additive to SE footprint, says RBC Capital