Commerce Bancshares (CBSH) Tops Q3 EPS by 4c

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Go back to Commerce Bancshares (CBSH) Tops Q3 EPS by 4c

Jefferies Cuts Price Target on Commerce Bancshares (CBSH) Following Difficult Fee Outlook

October 15, 2015 8:55 AM EDT

Jefferies reiterated a Hold rating on Commerce Bancshares (NASDAQ: CBSH), and cut the price target to $44.00 (from $46.00), following a difficult fee outlook. Particularly weak were card fees, which fell $1.1mm and are beginning to face tougher competition on the corporate side... More