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Fly News Breaks for September 28, 2017
CSFL, ABCB
Sep 28, 2017 | 08:27 EDT
Stephens analyst Tyler Stafford has changed his 2017 Best Idea to Ameris Bancorp (ABCB) from CenterState Banks (CSFL), citing expectations for Ameris to see strong near-term outperformance following the likely resolution of its regulatory BSA order. Additionally, he expects Ameris to make a series of EPS and tangible book value accretive acquisitions. He reiterates his Overweight rating and $52 price target on Ameris shares.