Barclays analyst Jared Shaw raised the firm’s price target on Banc of California (BANC) to $25 from $21 and keeps an Overweight rating on the shares. The firm adjusted targets in the mid-cap bank group as part of its 2026 outlook. More differentiation in loan growth and book value expansion is expected within the group next year, the analyst tells investors in a research note.
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Read More on BANC:
- Banc of California price target raised to $24 from $21 at JPMorgan
- Buy Rating for Banc of California: EPS Growth, Scarcity Value, and Strategic Positioning Drive Positive Outlook
- Banc of California upgraded to Buy from Neutral at Citi
- Banc of California’s Earnings Call Highlights Growth and Optimism
- Banc of California price target raised to $21 from $20 at DA Davidson