Prosperity Bancshares, Inc. (PB) is listed among the 10 Cheap Stocks With Strong Buy Ratings on Wall Street. Barclays analyst Jared Shaw raised PB’s price target to $83.00, reflecting updated valuation models for the banking sector. PB recently marked a 3.45% increase in its dividend, highlighting its steady cash flow and regular dividend growth.

PB operates through Prosperity Bank, offering traditional loan and deposit products. The bank is focused on integrating pending acquisitions, including the merger with Southwest Bancshares, Inc., to strengthen its presence in the San Antonio and Corpus Christi regions. While PB shows investment potential, certain AI stocks may offer greater upside potential and less downside risk.

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Read more at Yahoo Finance: Barclays Maintained Equal Weight Rating on Prosperity Bancshares, Inc. (PB)