Episode Details
Back to Episodes
Camden National Soars on Upgrade | Business and Finance News
Description
Camden National Bank’s stock surges 3% after Raymond James upgrades it to “Outperform” with a higher price target—rare for a typically low-volatility bank that’s only seen five-plus percent moves four times this year. Amid rising interest rates squeezing regional banks’ margins and shaky commercial real estate loans, Camden stands out with a stellar 30% gain this year and a new 52-week high at $55.84. A $1,000 investment five years ago would now be worth $1,165—a solid return in turbulent markets.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/1f4ea5c26cb98207