Information Provided By:
Fly News Breaks for June 26, 2018
SFST
Jun 26, 2018 | 09:33 EDT
As previously reported, Sandler O'Neill analyst Casey Whitman downgraded Southern First Bancshares to Hold from Buy, citing valuation, given that the stock is approaching her $50 price target. In a research note to investors, Whitman says that the stock is up 31% over the last year, and with the stock now trading at a premium to peers, she thinks upside may be more limited from here.