Barclays analyst Jared Shaw lowered the firm’s price target on Wintrust Financial to $130 from $135 and keeps an Equal Weight rating on the shares. The company reported an earnings beat on solid revenue and expense control, with management looking for a growth acceleration, 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 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?
- Wintrust Financial price target raised to $120 from $114 at Jefferies