Wintrust Financial Corporation Reports Record Second Quarter 2016 Net Income, an Increase of 14% Over Prior Year, and Year-to-Date 2016 Net Income of $99.2 million, an Increase of 20% Over Prior Year

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Go back to Wintrust Financial Corporation Reports Record Second Quarter 2016 Net Income, an Increase of 14% Over Prior Year, and Year-to-Date 2016 Net Income of $99.2 million, an Increase of 20% Over Prior Year

Piper Jaffray Raises Estimates on Wintrust Financial (WTFC) Ahead of GE Deal

July 21, 2016 10:30 AM EDT

Piper Jaffray reiterated a Neutral rating on Wintrust Financial (NASDAQ: WTFC), and raised the price target to $53.00 (from $52.00), following the company's 2Q. WTFC reported results in-line with estimates. However, Piper Jaffray raised 2017 and 2018 operating EPS estimates to $3.79 and $4.07 (from $3.70 / $4.00) to reflect expected accretion from... More