Raymond James reiterates Strong Buy on Bancorp stock, $88 target
Raymond James maintained a Strong Buy rating on The Bancorp (TBBK) with a $88 target. The stock trades near its 52-week low at $47.51, with a P/E ratio of 8.95. The firm views Finetics launch positively as part of APEX 2030 strategy. TBBK reported mixed Q2 earnings, beating EPS estimates but missing on revenue. Piper Sandler cut its price target to $75 from $86, keeping an Overweight rating.



