Firstsun Capital Bancorp (NASDAQ:FSUN) Raised to “Outperform” at Raymond James

Raymond James upgraded shares of Firstsun Capital Bancorp (NASDAQ:FSUN) from a market perform rating to an outperform rating in a report issued on Tuesday morning, MarketBeat.com reports. Raymond James currently has $42.00 price objective on the stock.

Firstsun Capital Bancorp Stock Performance

NASDAQ:FSUN opened at $37.91 on Tuesday. Firstsun Capital Bancorp has a fifty-two week low of $31.50 and a fifty-two week high of $43.80. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $39.71.

Institutional Trading of Firstsun Capital Bancorp

A number of institutional investors have recently modified their holdings of FSUN. Charles Schwab Investment Management Inc. acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $2,816,000. Fourthstone LLC acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $13,846,000. Philadelphia Financial Management of San Francisco LLC acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $873,000. State Street Corp acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $1,367,000. Finally, Wellington Management Group LLP acquired a new stake in Firstsun Capital Bancorp in the 3rd quarter worth approximately $103,024,000.

Firstsun Capital Bancorp Company Profile

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.