Wintrust Financial price target raised to $184 from $161 at Piper Sandler

Piper Sandler analyst Nathan Race raised the firm’s price target on Wintrust Financial (WTFC) to $184 from $161 and keeps an Overweight rating on the shares. The firm remains bullish with additional outperformance expected via likely continued upside to Wintrust’s superior operating leverage outlook driven by further high-quality, above average organic balance sheet and core fee income growth.