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Latest news with #CatherineMealor

Synovus (SNV) Receives a Hold from KBW
Synovus (SNV) Receives a Hold from KBW

Business Insider

time12-07-2025

  • Business
  • Business Insider

Synovus (SNV) Receives a Hold from KBW

KBW analyst Catherine Mealor maintained a Hold rating on Synovus today and set a price target of $58.00. The company's shares opened today at $54.70. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Mealor is a 5-star analyst with an average return of 13.2% and a 71.67% success rate. Mealor covers the Financial sector, focusing on stocks such as Cadence Bank, SouthState Corporation, and FB Financial. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Synovus with a $56.94 average price target, implying a 4.10% upside from current levels. In a report released on July 3, Morgan Stanley also maintained a Hold rating on the stock with a $58.00 price target. Based on Synovus' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $881.03 million and a net profit of $195.01 million. In comparison, last year the company earned a revenue of $901.6 million and had a net profit of $124.51 million

KBW Reaffirms Their Buy Rating on Trustmark (TRMK)
KBW Reaffirms Their Buy Rating on Trustmark (TRMK)

Business Insider

time12-07-2025

  • Business
  • Business Insider

KBW Reaffirms Their Buy Rating on Trustmark (TRMK)

In a report released today, Catherine Mealor from KBW maintained a Buy rating on Trustmark, with a price target of $45.00. The company's shares opened today at $38.64. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Mealor covers the Financial sector, focusing on stocks such as Cadence Bank, SouthState Corporation, and FB Financial. According to TipRanks, Mealor has an average return of 13.2% and a 71.67% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Trustmark with a $41.00 average price target. Based on Trustmark's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $244.82 million and a net profit of $53.63 million. In comparison, last year the company earned a revenue of $243.64 million and had a net profit of $41.54 million

Hancock Whitney downgraded to Market Perform from Outperform at Keefe Bruyette
Hancock Whitney downgraded to Market Perform from Outperform at Keefe Bruyette

Business Insider

time11-07-2025

  • Business
  • Business Insider

Hancock Whitney downgraded to Market Perform from Outperform at Keefe Bruyette

Keefe Bruyette analyst Catherine Mealor downgraded Hancock Whitney (HWC) to Market Perform from Outperform with a price target of $63, up from $62, ahead of the Q2 report. The shares have outperformed year-to-date and most of the quarter's optimism is now priced in, the analyst tells investors in a research note. Given Hancock's slower revenue growth outlook in the second half of 2025 and 2026 relative to peers, Keefe believes a Market Perform rating is now appropriate. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

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