Barclays Upgrades SVB Financial Group To Overweight

Analysts at Barclays upgraded SVB Financial Group SIVB from Equal-weight to Overweight. The target price for SVB Financial Group has been raised from $128.00 to $135.00. SVB Financial Group shares have surged 34.99% over the past 52 weeks, while the S&P 500 index has gained 17.49% in the same period. SVB Financial Group's shares dropped 2.34% to close at $112.26 yesterday.