Citi raised the firm’s price target on Wintrust Financial to $115 from $114 and keeps a Buy rating on the shares after meeting with management. The analyst believes the company’s 2024 guidance appears achievable with a slight bias toward the higher end given continued market share capture and insurance premium opportunities. The firm expects Wintrust’s outsized market share capture, margin stability, and continued healthy credit trends will continue to support relative share outperformance.
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