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Stock Yards Bancorp price target raised to $76 from $75 at Piper Sandler

Piper Sandler raised the firm’s price target on Stock Yards Bancorp (SYBT) to $76 from $75 and keeps a Neutral rating on the shares. The firm notes the company again generated solid results in Q4 given 3% PPNR upside driven by stronger net interest income with mid-to-high single digit growth in both loans and core deposit.

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