Cadence Bancorp (CADE) Rating Increased to Buy at Zacks Investment Research

Zacks Investment research upgraded shares of Cadence Bancorp (NYSE:CADE) from a hold rating to a buy rating in a report released on Friday morning. They currently have $21.00 target price on the stock. According to Zacks, "Cadence BanCorporation is a regional bank holding company. It provides corporations, middle-market companies, small businesses and consumers banking and [.]

Several research analysts recently commented on CADE shares. Zacks Investment Research downgraded shares of Cadence Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Raymond James raised their price target on shares of Cadence Bancorp from $24.00 to $25.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, March 5th.

Zacks Rank less than or equal to 2:Only companies with a Zacks Rank #1 (Strong Buy) or 2 (Buy) rating can get through. own strategies and test them first before taking the investment plunge. The.

 · Cadence’s (CADE) Q1 earnings are expected to benefit from higher interest income and rise in card fees. Yet, increase in expenses might offset the benefits.

Zacks investment research cut cadence bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Finally, Goldman Sachs Group began coverage on Cadence Bancorp in a research note on Tuesday, March 5th. They issued a “buy” rating.

Stephens restated their buy rating on shares of Cadence Bancorp (NYSE:CADE) in a research note issued to investors on Tuesday morning, reports. They currently have a $26.00 target price on the stock. "We believe CADE trades at a discount valuation due to investor uncertainty around its credit outlook.

Cadence Bancorp (NYSE:CADE) has earned a consensus rating of "Buy" from the eleven brokerages that are presently covering the firm, reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to [.]

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CADE | Complete Cadence Bancorp. stock news by MarketWatch.. maintained a Buy rating on Cadence Bancorporation (CADE) today and set a price target of $26.. Rating from S&P Global Ratings.