CNB Financial ticks up after Raymond James starts coverage at 'outperform'

CNB Financial

27/08/2026 19:20

** Shares of CNB Financial Corporation CCNE.O marginally up after Raymond James starts coverage with an "outperform" rating
** "We maintain confidence in its (CCNE) ability to drive solid profitability and growth while maintaining sound credit quality, leaving risk/reward as attractive with shares currently trading at a discount to peers" - Raymond James
** Brokerage adds that CCNE's conservative underwriting track record, diversified portfolio and low current loss content support a favorable credit risk profile
** Sets a PT of $39, implying about 15.1% upside to the stock's last close
** Three of five analysts rate stock "buy" or higher and two "hold"; their median PT is $191 - data compiled by LSEG
** Including session's move, stock up 29.8% YTD 



 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))