Compass Point raised the firm’s price target on BankUnited (BKU) to $49 from $42 and keeps a Buy rating on the shares. The firm has updated thoughts on bank M&A and the impact of Trump’s victory on bank valuation, stock price and EPS changes, the analyst tells investors.
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Read More on BKU:
- BankUnited price target raised to $45 from $39 at Barclays
- Charter to acquire Liberty Broadband, Spotify reports Q3 beat: Morning Buzz
- Wells upgrades BankUnited on potential for takeout under Trump
- BankUnited upgraded to Overweight from Equal Weight at Wells Fargo
- BankUnited files mixed securities shelf
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