Raymond James analyst Michael Rose upgraded Iberiabank to Strong Buy from Outperform with a $93 price target following management meetings this week. The analyst said management reiterated 2017 guidance and high single digit loan growth, expects net interest margin expansion from deployment of liquidity, and sees credit tailwinds. Rose said year-to-date underperformance does not reflect efficiency and profitability benefits from the Sabadell acquisition, solid core operational performance, and a seasonal rebound expected in select fee businesses.