The Bancorp upgraded to Outperform from Market Perform at Keefe Bruyette

Keefe Bruyette upgraded The Bancorp to Outperform from Market Perform with a price target of $77, up from $72. The firm sees an improving earnings outlook as the company executes on its new operating model, including the launch of several significant new programs, the analyst tells investors. The firm, which is confident The Bancorp can achieve the significant earnings inflection indicated by management's guidance, projects the bank to report stronger metrics than traditional peers going forward, the analyst added.