TD Cowen analyst Janet Lee raised the firm’s price target on Commerce Bancshares (CBSH) to $54 from $53 and keeps a Hold rating on the shares. The firm said 1Q26 results with FineMark were better than expected, supporting an improved PTPP launchpad into 2026. The setup is improving, as a no-rate cut backdrop benefits its NIM and they now see NIM trending stable to modestly higher.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBSH:
- Commerce Bancshares price target raised to $58.50 from $56 at Piper Sandler
- Commerce Bancshares price target raised to $56 from $54 at Keefe Bruyette
- Commerce Bancshares reports Q1 EPS 96c, consensus 93c
- CBSH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Commerce Bancshares price target lowered to $54 from $56 at Keefe Bruyette