B. Riley raised the firm’s price target on Customers Bancorp (CUBI) to $80 from $78 and keeps a Buy rating on the shares post the Q3 report. The firm says the company’s growth spend sets the stage for an earnings inflection in 2025. It believes believe Customers is setting up for a very good year in 2025.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUBI:
- Customers Bancorp downgraded to Market Perform from Outperform at Keefe Bruyette
- Customers Bancorp Reports Solid Q3 2024 Results
- Customers Bancorp Reports Strong Q3 2024 Financial Results
- Customers Bancorp reports Q3 core EPS $1.34, consensus $1.43
- CUBI Earnings Report this Week: Is It a Buy, Ahead of Earnings?