Cantor Fitzgerald lowered the firm's price target on FB Financial to $65 from $66 and keeps an Overweight rating on the shares. FB Financial is viewed as a top long idea among mid-sized banks, with meaningful growth potential driven by market disruption from recent deals, continued hiring, and opportunities to expand loans and deposits, the analyst tells investors in a research note. While pricing pressure may weigh on margins, strong capital generation supports additional upside through M&A or buybacks that are not fully reflected in current estimates, the firm says.
