AUB Should I Buy

Piper Sandler analyst Stephen Scouten raised the firm's price target on Atlantic Union Bankshares to $46 from $45 and keeps an Overweight rating on the shares after the company presented at a competitor conference, giving positive commentary overall. Much of the conversation was consistent with expectations. However, Piper found the commentary from management that it plans to fully utilize the $250M repurchase plan over the next four quarters as incremental to it previous expectations.