CORRECTING and REPLACING Cadence Bancorporation Reports Record Second Quarter 2018 Results and Increase in Quarterly Dividend

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Go back to CORRECTING and REPLACING Cadence Bancorporation Reports Record Second Quarter 2018 Results and Increase in Quarterly Dividend

Cadence BanCorp (CADE) PT Lowered to $34 at Stephens Following 2Q

July 24, 2018 6:47 AM EDT

Stephens lowered its price target on Cadence BanCorp (NYSE: CADE) to $34.00 (from $35.00) while maintaining a Overweight rating following the company's 2Q earnings report. Results were highlighted by solid organic loan growth, modest core NIM expansion and healthy credit trends.

Stephens decreased 2018 operational EPS forecast... More