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Nicolet Bankshares price target raised to $161 from $131 at Maxim

Maxim raised the firm’s price target on Nicolet Bankshares (NIC) to $161 from $131 and keeps a Buy rating on the shares. The company reported a Q2 earnings beat on “solid” loan growth, much wider net interest margin, and very strong credit quality, the analyst tells investors in a research note.

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