tiprankstipranks

Wintrust selloff represents excellent entry point, says Raymond James, raises PT

Wintrust selloff represents excellent entry point, says Raymond James, raises PT

Raymond James analyst David Long raised the firm’s price target on Wintrust Financial (WTFC) to $150 from $135 and keeps a Strong Buy rating on the shares. The firm, which believes the selloff following the Q4 earnings report represents an excellent entry point, has a bullish view and says Wintrust stands out among its peers due to its superior balance sheet growth and lower-risk loan portfolio, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue