Reported 30 days ago
Raymond James has upgraded Atlantic Union Bankshares (AUB) from 'Outperform' to 'Strong Buy,' increasing the price target from $37 to $41. Analysts highlighted the company's positive outlook, citing strong performance indicators including a growing loan pipeline and healthy asset quality. Despite previous concerns, the management reaffirmed the 2025 guidance, leading to the upgrade in rating and price target.
Source: YAHOO