Community Financial System: Earnings Outlook Is Positive, But Stock Appears Fairly Valued (Rating Downgrade)

Earnings of Community Financial System, Inc. (NYSE: NYSE: CBU ) will likely continue to grow on the back of reinvestment of fixed-rate loans. Further, interest rate cuts and healthy business activity will drive loan growth, which will, in turn, boost earnings. As a result, I’m expecting earningsAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, an ...