DA Davidson analyst Gary Tenner raised the firm’s price target on Cadence Bank (CADE) to $42 from $37 and keeps a Buy rating on the shares. The company’s Q2 earnings beat was highlighted by stronger than expected loan growth, with a notable increase to the full year organic growth guide, mid single-digit core deposit growth, and the July 1st completion of the Industry acquisition, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CADE:
- Cadence Bank price target raised to $42 from $41 at Stephens
- Cadence Bank price target raised to $41 from $40 at Keefe Bruyette
- Positive Outlook and Strategic Growth Drive Buy Rating for Cadence Bank
- Cadence Bank price target raised to $37 from $34 at RBC Capital
- Cadence Bank Reports Strong Q2 2025 Results