Raymond James has decided to maintain its Outperform rating of Cullen/Frost Bankers CFR and lower its price target from $165.00 to $150.00.
Shares of Cullen/Frost Bankers are trading down 2.92% over the last 24 hours, at $128.30 per share.
A move to $150.00 would account for a 16.91% increase from the current share price.
About Cullen/Frost Bankers
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.
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