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Commerce Bancshares (CBSH) received a rating upgrade to "hold" after reporting strong quarterly earnings that beat estimates.
StockNews.com upgraded Commerce Bancshares (CBSH) from a "sell" to a "hold" rating, with a consensus "hold" rating and a $65.17 average price target.
CBSH's latest quarter showed strong performance, with EPS of $1.01, surpassing estimates by $0.06, and revenue up 7.3% year-over-year to $422.10 million.
The company has a market cap of $7.63 billion, a P/E ratio of 14.18, and insiders have sold $5.25 million worth of stock recently.
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Commerce Bancshares (CBSH) recibió una actualización de calificación para "mantener" después de reportar fuertes ganancias trimestrales que superaron las estimaciones.