BankUnited price target raised to $35 from $32 at Wells Fargo

Wells Fargo analyst Timur Braziler raised the firm’s price target on BankUnited to $35 from $32 and keeps an Equal Weight rating on the shares. BankUnited has now put up a string of strong quarters, resulting in another round of positive EPS revisions, as management continues to work on both sides of the balance sheet, the firm notes. That said, shares now trade ahead of ROTCE, limiting further upside, Wells adds.