Wells Fargo lowered the firm’s price target on UMB Financial (UMBF) to $105 from $120 and keeps an Equal Weight rating on the shares. While long-term uncertainty has certainly increased, the recent pullback in the space presents a near-term opportunity as EPS results remain steady, credit is still okay, and expectations are once again really low.
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Read More on UMBF:
- UMB Financial price target lowered to $125 from $139 at Barclays
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