Nicolet Bankshares price target raised to $100 from $98 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Nicolet Bankshares to $100 from $98 and keeps a Market Perform rating on the shares. The bank posted a sizeable earnings beat versus expectations as asset yields continued to rise and deposit costs declined by a basis point, the analyst tells investors in a research note.