BUZZ-Hovde raises PT on Atlantic Union Bankshares to $42
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Hovde Group has raised its price target for Atlantic Union Bankshares to $42 from $40, indicating a 16.6% upside. The brokerage notes a recent 4% share increase and a valuation of 12 times the 2026 EPS estimate. AUB is shifting focus from acquisitions to organic growth. Six out of nine brokerages rate the stock as "buy" or higher, with a median price target of $41.75. AUB is down 5% year-to-date.
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