Maxim raised the firm’s price target on Customers Bancorp (CUBI) to $100 from $95 and keeps a Buy rating on the shares. The firm cites the company’s Q4 earnings beat thanks to 3% loan growth, 2% deposit growth and a relatively stable net interest margin, results in continued growth in net interest income, the analyst tells investors in a research note.
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Read More on CUBI:
- Customers Bancorp price target raised to $104 from $90 at B. Riley
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