Citi lowered the firm’s price target on Wintrust Financial to $113 from $115 and keeps a Buy rating on the shares following the Q1 report. Despite the “noise” associated with doing an out of footprint merger, Wintrust is not only on solid footing but is likely to produce core loan growth that exceeds high end of guidance, 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>>
Read More on WTFC:
- Wintrust Financial price target lowered to $130 from $135 at Barclays
- Wintrust Financial reports Q1 EPS $2.89, consensus $2.42
- Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge
- Wintrust Financial to acquire Macatawa Bank in all-stock transaction
- WTFC Upcoming Earnings Report: What to Expect?
