Ameris Bancorp (ABCB) Tops Q1 EPS by 3c
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Piper Jaffray Downgrades Ameris Bancorp (ABCB) to Neutral
April 26, 2016 7:26 AM EDTPiper Jaffray downgraded Ameris Bancorp (NASDAQ: ABCB) from Overweight to Neutral with a price target of $31.00 (from $32.00).
Analyst Peyton Green commented, "We are downgrading our rating from Overweight to Neutral based on the lift in ABCB's valuation to 13.8x our 2017E EPS of $2.32... More
