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Seacoast Banking price target lowered to $32.50 from $33.50 at Piper Sandler

Piper Sandler lowered the firm’s price target on Seacoast Banking (SBCF) to $32.50 from $33.50 and keeps a Neutral rating on the shares. The firm notes the company turned in solid Q1 results, headlined by ahead of consensus net interest margin growth, strong deposit generation, and the resumption of the buyback.

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