Customers Bancorp price target raised to $92 from $90 at Morgan Stanley
Core Viewpoint - Morgan Stanley has raised the price target for Customers Bancorp (CUBI) to $92 from $90 while maintaining an Equal Weight rating on the shares, indicating a positive outlook for the company despite recent outperformance [1] Group 1: Price Target and Rating - The price target for Customers Bancorp (CUBI) has been increased to $92 from $90 [1] - Morgan Stanley maintains an Equal Weight rating on the shares of Customers Bancorp [1] Group 2: Industry Outlook - The firm is increasing price targets by a median of 8% across the midcap banks group [1] - Optimism remains for the midcap banks group, driven by factors such as loan growth, net interest margin, and capital return [1]