Piper Sandler raised the firm’s price target on Stock Yards Bancorp (SYBT) to $69 from $65.50 and keeps a Neutral rating on the shares. The firm notes the company delivered strong Q3 results across the board, and Piper is more positive on Stock Yards Bancorp’s prospects to generate superior operating leverage next year.
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Read More on SYBT:
- Stock Yards Bancorp price target raised to $70 from $60 at Stephens
- Stock Yards Bancorp downgraded to Market Perform from Outperform at Hovde Group
- Stock Yards Bancorp reports Q3 EPS $1.00, consensus 94c
- SYBT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Stock Yards Bancorp assumed with a Neutral at Piper Sandler