Banner Corp. price target raised to $76 from $73 at DA Davidson

DA Davidson raised the firm’s price target on Banner Corp. (BANR) to $76 from $73 and keeps a Neutral rating on the shares. The firm cites the company’s Q4 net interest margin expansion, 5% loan growth and stable credit quality, also noting that the bank’s opportunity lies on both organic and acquired fronts ahead, the analyst tells investors in a research note.