BofA analyst Brandon Berman reinstated coverage of UMB Financial (UMBF) with a Buy rating and $105 price target implying 16% upside. UMB has “prudent” risk management and above-average growth, while trading at a 9% discount to peers, the analyst tells investors in a research note. The firm says the bank has shown above-average credit quality while President Trump’s “pro-growth/re-shoring agenda” supports its high-growth profile.
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