Nicolet Bankshares price target raised to $85 from $84 at Keefe Bruyette

Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on Nicolet Bankshares to $85 from $84 and keeps a Market Perform rating on the shares post the Q4 report. Nicolet closed out 2024 on a solid note as net interest margin and income drove the majority of this quarter’s beat and sets the stage for a favorable outlook, the analyst tells investors in a research note.