FB Financial shares are trading higher. The stock may also be moving on continued strength following a better-than-expected Q3 earnings report yesterday. Also, Keefe, Bruyette & Woods raised its price target on the stock from $48 to $50.
Portfolio Pulse from Benzinga Newsdesk
FB Financial shares are trading higher due to a strong Q3 earnings report and a price target increase by Keefe, Bruyette & Woods.
October 16, 2024 | 4:29 pm
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FB Financial shares are experiencing an upward movement following a better-than-expected Q3 earnings report and a price target increase from $48 to $50 by Keefe, Bruyette & Woods.
The stock is trading higher due to positive Q3 earnings results, which exceeded expectations, and an increased price target from a reputable analyst firm. These factors are likely to boost investor confidence and drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100