BankUnited price target raised to $43 from $42 at RBC Capital

RBC Capital raised the firm’s price target on BankUnited (BKU) to $43 from $42 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. The company delivered another solid quarter with the 2025 outlook calling for a continuation of the recent fundamental progress, the analyst tells investors in a research note. RBC adds that it expects BankUnited’s continued noninterest bearing deposit growth, solid core commercial loan growth, and margin expansion to drive an upward trajectory in 2025 results.