Prosperity Bancshares Shares Gain 2.31% as StoneX Upgrades Rating

Prosperity Bancshares, Inc. shares rose 2.31% to $72.76 during Thursday morning trading, Oct. 29, as StoneX upgraded the stock to Buy from Hold. StoneX’s rationale was that operating leverage and valuation outweighed the company’s lack of organic growth. Prosperity Bancshares is a Houston-based regional financial holding company whose common stock trades under the ticker PB. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost