There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Nasdaq Inc (NDAQ) and Cadence Bancorporation (CADE) with bullish sentiments.
Nasdaq Inc (NDAQ)
Raymond James analyst Patrick O’Shaughnessy maintained a Buy rating on Nasdaq Inc today and set a price target of $96. The company’s shares closed yesterday at $90.15.
According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 11.1% and a 70.8% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Newmark Group Inc, and Charles Schwab.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nasdaq Inc with a $102 average price target.
See today’s analyst top recommended stocks >>
Cadence Bancorporation (CADE)
Raymond James analyst Michael Rose maintained a Buy rating on Cadence Bancorporation today and set a price target of $25. The company’s shares closed yesterday at $20.03.
According to TipRanks.com, Rose is a 4-star analyst with an average return of 6.2% and a 61.6% success rate. Rose covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, Pinnacle Financial Partners, and Texas Capital Bancshares.
Currently, the analyst consensus on Cadence Bancorporation is a Strong Buy with an average price target of $25.50, implying a 27.3% upside from current levels. In a report released today, Goldman Sachs also resumed coverage with a Buy rating on the stock with a $23 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
