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Stock Yards Bancorp price target raised to $78 from $76 at Piper Sandler

Piper Sandler analyst Nathan Race raised the firm’s price target on Stock Yards Bancorp (SYBT) to $78 from $76 and keeps a Neutral rating on the shares. Following 1.5 weeks of Q1 earnings season, results across the firm’s Midwest coverage have been broadly constructive with 5% median EPS upside and Piper’s estimates generally moving slightly higher.

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