Morgan Stanley Reiterates “Sell” Rating for Commerce Bancshares (NASDAQ:CBSH)



  • Summary:

     

    Commerce Bancshares (NASDAQ:CBSH)‘s stock had its “sell” rating restated by investment analysts at Morgan Stanley in a research note issued to investors on Monday, AnalystRatings.com reports. They presently have a $52.40 price target on the financial services provider’s stock, down from their previous price target of $55.00. Morgan Stanley’s price target suggests a potential downside of 16.81% from the company’s current price.

    Other analysts have also recently issued research reports about the stock. Stephens reissued a “hold” rating and issued a $59.00 price target on shares of Commerce Bancshares in a research note on Wednesday, October 16th. BidaskClub upgraded shares of Commerce Bancshares from a “hold” rating to a “buy” rating in a report on Thursday, November 28th. Two analysts ha ...

     

     

    Read Full News: https://rivertonroll.com/news/2019/12/04/morgan-stanley-reiterates-sell-rating-for-commerce-bancshares-nasdaqcbsh.html


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