Compass Point raised the firm’s price target on Cullen/Frost (CFR) to $145 from $122 and keeps a Neutral rating on the shares. The firm has updated thoughts on bank M&A and the impact of Trump’s victory on bank valuation, stock price and EPS changes, the analyst tells investors.
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Read More on CFR:
- Trump Trade: Tesla upgraded with ‘world changed,’ BofA sees investor optimism
- Cullen/Frost price target raised to $148 from $144 at BofA
- Cullen/Frost price target raised to $122 from $111 at Compass Point
- Cullen/Frost price target raised to $113 from $104 at Citi
- Cullen/Frost price target raised to $130 from $118 at RBC Capital
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