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Investing.com --Chain Bridge Bancorp Ltd (NYSE:CBNA) shares rallied 6.2% Tuesday following an upgrade from Raymond James, as analysts pointed to a favorable operating environment that stands to bolster the bank's profitability. The brokerage raised its rating on the McLean, Virginia-based lender to Outperform from Market Perform while establishing a $53 price target.

Raymond James analyst Steve Moss upgrades Chain Bridge Bancorp (NYSE:CBNA) from Market Perform to Outperform and announces $53 price target.
