Bank First Shares Soar 11.89% in a Week

Bank First (BFC) shares surged to a record high today, with an intraday gain of 1.53%, marking the seventh consecutive day of gains and a 11.89% increase over the past week.

Piper Sandler recently raised its price target for Bank First from $110.00 to $111.00, while maintaining a "neutral" rating. This adjustment reflects the firm's updated outlook on the company's performance and potential, which can influence investor sentiment and the stock's attractiveness in the market.

JPMorgan Chase & Co. has significantly increased its stake in Bank First by 103.2% during the fourth quarter. This substantial investment indicates a strong confidence in the company's future prospects and growth potential, which can positively impact the stock price and attract more investors to the company.