Maxim raised the firm’s price target on Nicolet Bankshares to $124 from $120 and keeps a Buy rating on the shares after its Q3 earnings beat. The results were driven by wider net interest margins and very strong credit quality, the analyst tells investors in a research note. Maxim is also boosting its FY24 GAAP EPS view by 31c to $7.76 and FY25 view by 10c to $8.60.
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