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FB Financial price target raised to $63 from $58 at Piper Sandler

Piper Sandler analyst Stephen Scouten raised the firm’s price target on FB Financial (FBK) to $63 from $58 and keeps an Overweight rating on the shares following quarterly results. The firm views the quarter favorably between healthy share repurchase activity and the jump upward in net interest income, beating expectations and FB noted that it is ahead of schedule on the Southern States (SSBK) integration.

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