Barclays raised the firm’s price target on Cullen/Frost (CFR) to $155 from $150 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the mid-cap bank group as part of a Q1 preview. Loan growth and net interest income trends “look strong” but Barclays has more questions around credit relative to the start of the year as energy prices, AI disruption, and layoff activity “inject uncertainty,” the analyst tells investors in a research note.
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Read More on CFR:
- Cullen/Frost price target lowered to $150 from $155 at Evercore ISI
- Cullen/Frost price target lowered to $133 from $143 at Morgan Stanley
- Cullen/Frost price target raised to $152 from $141 at Cantor Fitzgerald
- Cullen/Frost price target raised to $143 from $136 at Morgan Stanley
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