UPDATE: Wunderlich Securities Upgrades Cullen/Frost Bankers to Buy, Maintains PT at $60

Wunderlich Securities upgraded its rating on Cullen/Frost Bankers CFR to Buy from Hold. At the same time, the rating agency left its price target on the company's stock unchanged at $60. On Monday, CFR lost 7.8% of its value to finish the day at $47.28. Its shares started to rebound in today's pre-market trading, rising 3.8% to stand around $49.08.
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