Camden National lifts price target to $55 and unveils new digital banking tools

Analysts at Keefe, Bruyette & Woods raised their price objective for Camden National (NASDAQ:CAC) from $50 to $55, citing recent earnings that beat expectations. The firm maintains a "market perform" rating, and other analysts have also nudged their targets higher.

Camden National Bank launched an updated digital banking platform, adding features such as Savings Center goal‑tracking, Family Wallet youth accounts with parental controls, and a Round‑Up automatic savings tool. The rollout is intended to simplify online banking and expand financial‑wellness services for customers.