Truist analyst Brandon King raised the firm’s price target on Wintrust Financial to $111 from $105 and keeps a Buy rating on the shares after its Q4 results. The firm is raising its FY24 ES view to $10.24 from $9.59, citing expectations of higher net interest income from less net interest margin compression, and slightly higher fee income growth from mortgage banking, the analyst tells investors in a research note.
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Read More on WTFC:
- Wintrust Financial price target raised to $110 from $107 at DA Davidson
- Wintrust Financial price target raised to $109 from $104 at RBC Capital
- Wintrust Financial Corporation Reports Record Full Year Net Income
- Wintrust Financial reports Q4 net interest margin 3.62% vs. 3.71% last year
- Wintrust Financial reports Q4 EPS $1.87, consensus $2.49
