Morgan Stanley Maintains Overweight on Commerce Bancshares, Raises Price Target to $77
Morgan Stanley analyst Manan Gosalia maintains Commerce Bancshares (NASDAQ:CBSH) with a Overweight and raises the price target from $76 to $77.
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Morgan Stanley analyst Manan Gosalia maintains Commerce Bancshares (NASDAQ:CBSH) with a Overweight and raises the price target from $76 to $77.

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Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.

Common Bancshares's expansion is broadening its revenue base as loan growth lifts NII and acquisitions expand wealth management and investment banking.
Morgan Stanley analyst Manan Gosalia upgrades Commerce Bancshares (NASDAQ:CBSH) from Equal-Weight to Overweight and raises the price target from $65 to $76.

Hilltop Holdings gains 13.5% so far this year as improving margins, expense discipline and capital strength offset asset-quality and mortgage banking risks.

FNB's record second-quarter revenues, healthy loan growth and rising NII support its top-line momentum, backed by expansion and fee income.

Investors need to pay close attention to Commerce Bancshares stock based on the movements in the options market lately.