From MKT PERFORM TO UNDERPERFORM and target price $43. Just wonderring if they are looking for oppertunity to buy. I will stay put. IMHO
I'm not worried about CFR. I expect a rebound soon. This is a great buying opportunity.
Just take a look at the track record of upgrades/downgrades by some of these analysts and you will know exactly how to take this one. Many of the u/d are a complete joke.Best public bank in the best area of the country...if you're gonna own one it might as well be this one. It will be the last one standing for reasons already mentioned.
It would be nice if they gave a reason why. Such as the CRE market or the oil economy.
dont know; dont care. I am sitting tight. Very worse case somebody buys cfr.cfr as plenty of cash on the balance sheet. which is probably more research than any Wall street firm has done.