Ameris Bancorp price target lowered to $65 from $71 at Raymond James

Raymond James lowered the firm’s price target on Ameris Bancorp (ABCB) to $65 from $71 and keeps an Outperform rating on the shares. Core trends remain solid at the bank, where Raymond James expects loan growth to accelerate in the second half of 2025 given recent hires and accelerating production, evidenced by improving originations in the quarter with accretive yields, the analyst tells investors in a research note. Its growth characteristics and defensive posture are increasingly attractive, the firm argues.