Piper Sandler analyst Stephen Scouten raised the firm’s price target on Southern First Bancshares (SFST) to $51 from $43 and keeps an Overweight rating on the shares. The firm notes the company reported strong Q2 results, characterized by robust revenue growth on 9 bps of net interest margin expansion, 6.8% loan growth, and 11.4% AEA growth.
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