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ServisFirst price target raised to $91 from $89 at Piper Sandler

Piper Sandler analyst Stephen Scouten raised the firm’s price target on ServisFirst (SFBS) to $91 from $89 and keeps an Overweight rating on the shares. The firm says Q1 results were better than its expectations in total, aided by a lower tax rate on new investments in tax credits.

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