tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Renasant price target raised to $45 from $44 at TD Cowen

TD Cowen analyst Janet Lee raised the firm’s price target on Renasant (RNST) to $45 from $44 and keeps a Buy rating on the shares. The firm adjusted bank targets as part of a Q4 earnings preview. TD expects “solid” Q4 reports for the banks with continued balance sheet growth, repricing tailwinds, and a “likely more dovish” Federal Reserve chair in 2026. These “durable tailwinds” should lift bank stocks in 2026, the analyst tells investors in a research note.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1