Wells Fargo analyst Timur Braziler raised the firm’s price target on BankUnited to $38 from $35 and keeps an Equal Weight rating on the shares. The firm believes rate cuts — and no recession — will ultimately be good for banks, but net interest income pressure and credit uncertainty are negatives through year-end.
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Read More on BKU:
- BankUnited price target raised to $39 from $35 at Barclays
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