Raymond James upgraded ServisFirst (SFBS) to Outperform from Market Perform with a $95 price target The upgrade reflects the discount valuation relative to ServisFirst’s historical premium, the potential for loan growth to accelerate due to lower rates, merger disruption, and a more favorable regulatory environment, continued net interest margin expansion, and strong profitability, which bodes well for a continued, material improvement in EPS, the analyst tells investors in a research note.
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