Piper Sandler raised the firm’s price target on Seacoast Banking (SBCF) to $33.50 from $28 and keeps a Neutral rating on the shares. The firm says Seacoast is hitting on all cylinders in Q3, growing loans by about 8% LQA and deposits by 7%. Additionally, the commercial loan pipeline was up another 30% quarter-over-quarter and should allow the bank to continue to grow at high single digits.
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