Truist Cuts UMB Financial (UMBF) Price Target, Morgan Stanley Raises

UMB Financial Corporation (NASDAQ:UMBF) is one of the 11 Best American Bank Stocks to Buy According to Wall Street Analysts. On March 23, Truist Securities analyst Brian Foran reduced the firm’s price target on UMB Financial Corporation (NASDAQ:UMBF) from $150 to $130 while maintaining a Buy rating on the stock. This update comes as part of a broader research note on the financial sector. Brian Foran told investors in a research note that Truist Securities is updating its models to reflect a higher cost o ...

Truist Cuts UMB Financial (UMBF) Price Target, Morgan Stanley Raises - Reportify