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Cullen/frost Bankers, Inc. (CFR) [hlAlert]

up 28.03 %

Cullen/frost Bankers, Inc. (CFR) rated Buy with price target $59 by Sterne Agee

Posted on: Thursday,  Sep 24, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Cullen/frost Bankers, Inc. (NYSE: CFR) on 09/24/2009, when the stock price was $49.73. Since
then, Cullen/frost Bankers, Inc. has gained 28.03% as of 01/13/2016's recent price of $63.67.
If you would have followed this Sterne Agee's recommendation on CFR, you would have gained 28.03% of your investment in 2302 days.

Cullen/Frost Bankers, Inc. (Cullen/Frost) is a financial holding company and a bank holding company that provides, through its subsidiaries, an array of products and services throughout numerous Texas markets. The Company offers commercial and consumer banking services, as well as trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, asset-based lending, treasury management and item processing services. As of December 31, 2008, Cullen/Frost had consolidated total assets of $15.0 billion. It serves a variety of industries including, among others, energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation. During the year ended December 31, 2008, the Company acquired R. G. Seeberger, Inc. (Dallas market area).

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2009 9:25 AM Buy
49.73 59.00
as of 12/31/2009
1 Week up  20.91 %
1 Month up  27.86 %
3 Months up  18.90 %
1 YTD up  23.46 %

(*) Stock Price at the time of the recommendation.
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