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KBW Sticks to Its Hold Rating for Atlantic Union Bankshares (AUB)
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KBW Sticks to Its Hold Rating for Atlantic Union Bankshares (AUB)

KBW analyst Catherine Mealor maintained a Hold rating on Atlantic Union Bankshares (AUBResearch Report) yesterday and set a price target of $36.00. The company’s shares closed yesterday at $35.30.

Mealor covers the Financial sector, focusing on stocks such as Atlantic Union Bankshares, Bank OZK, and Renasant. According to TipRanks, Mealor has an average return of 13.7% and a 64.90% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Atlantic Union Bankshares with a $32.00 average price target.

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Based on Atlantic Union Bankshares’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $179.04 million and a net profit of $54.02 million. In comparison, last year the company earned a revenue of $176.3 million and had a net profit of $58.07 million

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Atlantic Union Bankshares (AUB) Company Description:

Atlantic Union Bankshares Corp. is a bank holding company which engages in the provision of financial services. The company was founded in July 1993 and is headquartered in Richmond, VA.

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