Stephens raised the firm’s price target on Ameris Bancorp to $64 from $52 and keeps an Equal Weight rating on the shares after operating EPS of $1.17 beat the Street view of $1.15. Following the report, the firm raised its FY24 and FY25 operating EPS estimates to $4.85 and $4.95, respectively.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABCB: