B. Riley raised the firm’s price target on Customers Bancorp (CUBI) to $85 from $82 and keeps a Buy rating on the shares. The firm upped estimates following the bank’s Q2 report and increased core loan growth forecast. The analyst believes Customer is well positioned as a leading stablecoin infrastructure provider.
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Read More on CUBI:
- Customers Bancorp price target raised to $78 from $69 at DA Davidson
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