Hovde raises PT on Atlantic Union Bankshares to $42

Hovde Group raises price target on regional lender Atlantic Union Bankshares AUB.N to $42 from $40, a 16.6% upside to the stock's last close

Brokerage notes previous sessions' share increase of up to 4% has raised the company's valuation to about 12 times its 2026 EPS estimate

Wednesday's AUB 2026 projections largely aligned with Hovde’s estimates and suggest potential consensus upside, strengthening the growth narrative, brokerage says

After completing four targeted acquisitions and building a $37 billion franchise, AUB is pivoting from M&A-driven expansion to organic execution, brokerage says

6 of 9 brokerages rate the stock "buy" or higher, 3 "hold"; median PT is $41.75 — data compiled by LSEG

As of last close, AUB down 5% YTD