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Coastal Financial price target raised to $114 from $96 at Keefe Bruyette

Keefe Bruyette analyst Tim Switzer raised the firm’s price target on Coastal Financial (CCB) to $114 from $96 and keeps an Outperform rating on the shares. Coastal Financial is a bank sponsor of choice, which should help drive EPS growth of 157% from 2024-2026E, the analyst tells investors in a research note.

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