Compass Point analyst David Rochester raised the firm’s price target on Prosperity Bancshares (PB) to $95 from $80 and keeps a Buy 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 PB:
- Prosperity Bancshares price target raised to $84 from $76 at Barclays
- Prosperity Bancshares downgraded to Peer Perform from Outperform at Wolfe
- Prosperity Bancshares price target raised to $76 from $75 at Barclays
- Prosperity Bancshares reports Q3 EPS $1.34, consensus $1.31
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