Raymond James analyst David Long lowered the firm’s price target on Lakeland Financial to $75 from $78 and keeps an Outperform rating on the shares. Meetings with CEO David Findlay, CFO Lisa O’Neill and President Kristin Pruitt carried an optimistic tone, and Raymond James says it is clear Lakeland is not shying away from growth in this environment and is operating on the front foot by aggressively prospecting for new business, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LKFN:
- Lake City Bank to Participate in the KBW Winter Financial Services Conference
- Lakeland Financial price target raised to $70 from $67 at Stephens
- Lakeland Financial Executives Share Investor Meeting Materials
- Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth
- Lakeland Financial reports Q4 core operational EPS 98c, consensus 89c