Stock Yards Bancorp price target raised to $80 from $78 at Stephens

Stephens raised the firm’s price target on Stock Yards Bancorp (SYBT) to $80 from $78 and keeps an Equal Weight rating on the shares after the company beat expectations last quarter on an EPS. Stock Yards’ strong financial results and premium valuation “open the door for bank M&A once markets settle down,” the analyst tells investors in a post-earnings note.