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Wintrust Financial price target raised to $180 from $165 at DA Davidson

DA Davidson analyst Jeff Rulis raised the firm’s price target on Wintrust Financial (WTFC) to $180 from $165 and keeps a Buy rating on the shares after its Q1 earnings beat. The company’s loan growth is clipping along and its net interest margin and credit are solidly stable while operational leverage ramps as seasonal expenses ebb lower, the analyst tells investors in a research note.

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