Ameris Bancorp price target raised to $64 from $52 at Stephens

Stephens raised the firm’s price target on Ameris Bancorp to $64 from $52 and keeps an Equal Weight rating on the shares after operating EPS of $1.17 beat the Street view of $1.15. Following the report, the firm raised its FY24 and FY25 operating EPS estimates to $4.85 and $4.95, respectively.