Earnings Estimates Moving Higher for Cadence (CADE): Time to Buy?
Cadence Bank(CADE) ZACKS·2024-10-26 01:20
Cadence (CADE) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this bank, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near- ...