Information Provided By:
Fly News Breaks for July 23, 2019
CADE
Jul 23, 2019 | 06:58 EDT
SunTrust analyst Jennifer Demba lowered her price target on Cadence Bancorp to $18 and kept his Hold rating after its Q2 earnings miss coming from the higher loan loss provisioning and a lower spread income. The analyst notes that while the stock already fell 19%, the valuation on Cadence should remain at a discount relative to peers because of the company's "heavier" relative loan loss composition.
News For CADE From the Last 2 Days
CADE
CADE
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.