Raymond James upgraded First Financial Bancorp (FFBC) to Outperform from Market Perform with a $30 price target Current levels do not appropriately reflect First Financial’s above-peer profitability profile, diversified revenue base, and ability to augment already- solid organic growth forecasts as it deploys excess funding from recently-announced acquisitions, the analyst tells investors in a research note.
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 FFBC:
- First Financial Bancorp price target raised to $29 from $28 at Truist
- First Financial Bancorp Highlights Strong Financial Performance
- First Financial Bancorp initiated with an Outperform at Hovde Group
- BankFinancial downgraded to Neutral from Buy at Janney Montgomery Scott
- First Financial Bancorp to Acquire BankFinancial