
Stephens initiates coverage of regional lender FirstSun Capital Bancorp FSUN.O with "overweight" rating and $44 PT
Says FSUN is still relatively less known among institutional investment community despite its recent Nasdaq uplisting
Brokerage expects FSUN to get added to the Russell 2000 index this year, driving higher trading volumes and providing an attractive entry point for investors
Stephens believes FSUN's loan growth levels will exceed peers in 2025 and 2026 given recent investments to boost the bank's commercial and industrial (C&I) loan portfolio
All four brokerages covering the stock rate "buy" or higher; median PT $44 - data compiled by LSEG
As of last close, FSUN stock was down 11.4% YTD