Keefe Bruyette raises City Holding stock price target on deposit strength
Keefe Bruyette & Woods raised its price target for City Holding (CHCO) to $145 from $135, citing its strong deposit base and growth potential. The stock, trading at $138.37, is seen as undervalued with a 19% YTD return and 2.5% dividend yield. The bank has $6.7B in assets and aims for organic growth, with a focus on maintaining its premium valuation.

