RBC Capital analyst Jon Arfstrom raised the firm’s price target on Wintrust Financial (WTFC) to $185 from $175 and keeps an Outperform rating on the shares after its Q1 earnings beat. This was another strong and consistent quarter with loan growth tracking towards the mid to high single digit percentage range, modest margin expansion, and solid fee income trends, the analyst tells investors in a research note. RBC adds it is encouraged by the continued growth momentum as the outlook remains favorable.
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