First Busey price target raised to $28 from $27 at Raymond James

Raymond James raised the firm’s price target on First Busey (BUSE) to $28 from $27 and keeps an Outperform rating on the shares following investor meetings with the CEO and other executives from the bank. The tone of meetings was “positive,” says the analyst, who remains bullish on the bank’s ability to integrate the CrossFirst deal and grow in new markets without diluting its core deposit strength.