1st Source price target raised to $69 from $67 at Keefe Bruyette

Keefe Bruyette analyst Damon DelMonte raised the firm’s price target on 1st Source (SRCE) to $69 from $67 and keeps a Market Perform rating on the shares. 1st Source’s quarterly earnings beat expectations due to stronger pre-provision net revenue and a lower tax rate, the analyst tells investors in a research note.