BUZZ-Piper Sandler upgrades FB Financial to 'overweight'

FB Financial Corporation +2.95%

FB Financial Corporation

FBK

55.90

+2.95%

** Piper Sandler upgrades regional bank FB Financial Corporation FBK.N to "overweight" from "neutral"

** Says, "Given the recent pull-back in the shares we once again see the shares of FBK as a highly attractive opportunity within our coverage universe"

** Adds, FBK should deliver loan growth and net interest margin above peers, along with managed expenses

** Six of seven analysts rate stock "strong buy" or "buy" and one "hold"; their median PT is $66.5 - data compiled by LSEG

** Including session's move, stock down 4.6% YTD