Truist initiated coverage of UMB Financial (UMBF) with a Buy rating and $120 price target The firm cites the bank’s differentiated fee based business, long term focus as a family run bank, low loan to deposit ratio, and low credit losses.
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Read More on UMBF:
- UMB Financial price target raised to $137 from $132 at Piper Sandler
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- UMB Financial price target lowered to $130 from $143 at Keefe Bruyette
- UMB Financial price target raised to $130 from $125 at Barclays
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