Piper Sandler analyst Graham Dick lowered the firm’s price target on ServisFirst (SFBS) to $84 from $96 and keeps a Neutral rating on the shares. The firm says ServisFirst remains a highly profitable, growing franchise – armed with strong capital and a balance sheet that should allow for margin expansion as rates decline.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFBS: