Stephens analyst Andrew Terrell downgraded Bank of Marin (BMRC) to Equal Weight from Overweight with a $26 price target Capital return is likely limited post a restructuring and growth “remains sluggish despite years-long effort,” the analyst tells investors in a post-earnings note.
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Read More on BMRC:
- Bank of Marin price target lowered to $29 from $30 at Keefe Bruyette
- Bank of Marin price target lowered to $26 from $29 at Stephens
- Bank of Marin Signals Turnaround With Cleaner Credit
- Bank of Marin Highlights Earnings Recovery and Dividend Declaration
- Bank of Marin reports Q1 comparable EPS 53c, consensus 55c
