Maxim analyst Michael Diana raised the firm’s price target on Cullen/Frost (CFR) to $161 from $145 and keeps a Buy rating on the shares. The firm is positive on the company’s core EPS beat, with growth in lending and net interest margins, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CFR:
- Cullen/Frost price target raised to $160 from $154 at TD Cowen
- Cullen/Frost price target raised to $125 from $114 at Citi
- Cullen/Frost price target raised to $163 from $162 at BofA
- Cullen/Frost Bankers: Premium Franchise With Conservative Credit, Texas-Led Growth, and Upside to $163 Target
- Cullen/Frost Bankers Expands Board With Two New Directors
