Stephens raised the firm’s price target on Capital Bancorp (CBNK) to $36 from $35 and keeps an Overweight rating on the shares. The firm forecasts quarterly net interest income growth throughout the remainder of its forecast, with fee income strength to accelerate from Q1 results, the analyst tells investors in a post-earnings note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBNK:
