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FB Financial rises after Piper Sandler upgrades to 'overweight'

ReutersMar 11, 2025 12:48 PM

Regional bank FB Financial's FBK.N shares rise 1.2% to $45.14 in light premarket trading

Piper Sandler upgrades rating to "overweight" from "neutral"

"Upside potential comes from strategic hiring, geographic expansion, and a more aggressive M&A approach," Piper Sandler analysts said in a note

Three brokerages rate company "buy" or higher, and three rate "hold"; median PT at $60 - data compiled by LSEG

As of last close, stock is down 13.4% YTD

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