Citigroup raises UMB Financial price target to $144
Citigroup analyst Benjamin Gerlinger maintains a Neutral rating on UMB Financial and raises the price target from $138 to $144.
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Citigroup analyst Benjamin Gerlinger has maintained a Neutral rating on UMB Financial while raising the stock's price target to $144. The adjustment represents an increase from the previous target of $138.
The revised target comes as the firm evaluates the stock's current valuation and future prospects. UMB Financial trades on the NASDAQ under the ticker symbol UMBF.
Rating and Target Details
The following table outlines the revised rating and price target for UMB Financial:
| Metric | Value |
|---|---|
| Rating | Neutral |
| Previous Price Target | $138 |
| New Price Target | $144 |
What specific factors drove Citigroup to raise the price target while maintaining a Neutral rating?
How might UMB Financial's recent performance influence future analyst ratings?
What are the potential risks or opportunities that could impact UMB Financial's stock price in the coming months?
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