Raymond James raised the firm’s price target on The Bancorp (TBBK) to $67 from $60 and keeps an Outperform rating on the shares. The Bancorp’s Q4 results topped consensus estimates, with the company highlighting ambitious growth for its recently launched credit sponsorship initiative to more than $1B exiting 2025, and approaching $3B by year-end 2026, the analyst tells investors in a research note. Credit concerns within the real estate bridge loan portfolio are really the lone driver of the elevated short interest, and likely remains an overhang in the short run as it continues to work through problem issues, the firm says.
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