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Stellar Bancorp downgraded to Equal Weight from Overweight at Stephens
The Fly

Stellar Bancorp downgraded to Equal Weight from Overweight at Stephens

Stephens downgraded Stellar Bancorp (STEL) to Equal Weight from Overweight with a $34 price target While “optimistic” Stellar can defend the core net interest margin in the face of lower Fed Funds rates due to the bank’s unique repricing benefits from its fixed/variable rate loan portfolio, the firm expects profitability levels to moderate in 2025, the analyst tells investors.

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