Renasant price target raised to $46 from $45 at TD Cowen

TD Cowen analyst Janet Lee raised the firm’s price target on Renasant (RNST) to $46 from $45 and keeps a Buy rating on the shares. The firm said they posted solid 4Q results with a beat across fees, expense and NII (on NIM), driving improved profitability metrics (1.3% ROA vs. 1.1% in 3Q).