Raymond James Lifts Community Trust Bancorp Target to $69 After Solid Q4 Results
Raymond James raised its price target on Community Trust Bancorp (CTBI) to $69.00 from $61.00 while retaining an Outperform rating after the bank reported fourth-quarter results that beat expectations. The bank showed improved net interest income driven by a 7 basis point expansion in net interest margin, delivered stronger-than-expected diluted EP…