The latest price target for Prosperity Bancshares (NYSE:PB) was reported by Morgan Stanley on August 5, 2024. The analyst firm set a price target for $86.00 expecting PB to rise to within 12 months (a possible 19.21% upside). 27 analyst firms have reported ratings in the last year.

The latest analyst rating for Prosperity Bancshares (NYSE:PB) was provided by Morgan Stanley, and Prosperity Bancshares upgraded their overweight rating.

The last upgrade for Prosperity Bancshares Inc happened on August 5, 2024 when Morgan Stanley raised their price target to $86. Morgan Stanley previously had an equal-weight for Prosperity Bancshares Inc.

The last downgrade for Prosperity Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $58 to $60 for Prosperity Bancshares Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prosperity Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Prosperity Bancshares was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

While ratings are subjective and will change, the latest Prosperity Bancshares (PB) rating was a upgraded with a price target of $75.00 to $86.00. The current price Prosperity Bancshares (PB) is trading at is $72.14, which is out of the analyst’s predicted range.