KBW Upgraded Commerce Bancshares (CBSH) to Market Perform

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Shares of Commerce Bancshares (NASDAQ: CBSH) are trading modestly higher Friday following and earlier upgrade from KBW's Chrstopher McGratty. The analyst now rates the stock a Market Perform, up from Underperform previously. McGratty's price target was raised from $37 to $38.

Commerce Bancshares stock is up about 0.4 percent to $39.22 at last check.

For an analyst ratings summary and ratings history on Commerce Bancshares click here. For more ratings news on Commerce Bancshares click here.

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