Cadence Bank's (CADE) Target Price Increases Amid Strong Performance Amid Robust Loan Trends and Effective Expense Control

Cadence Bank (CADE) has seen its target price increase to $37 from $34 due to robust organic loan trends, stable margin management, and effective expense control. The firm maintains a Sector Perform rating on the bank's stock. The average target price from 11 analysts is $38.00, implying an 8.45% upside from the current price of $35.04.