Keefe Bruyette raised the firm’s price target on Bar Harbor Bankshares (BHB) to $36 from $35 and keeps a Market Perform rating on the shares. The acquisition of Guaranty Bancorp, the holding company for Woodsville Savings Bank, bodes well for 2026, the analyst tells investors in a research note.
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Read More on BHB:
- Bar Harbor Bankshares Faces Growth Challenges Amid Competitive Acquisition Landscape and Regulatory Hurdles
- Bar Harbor Bankshares Announces Merger with Guaranty Bancorp
- Bar Harbor Bankshares to acquire Guaranty Bancorp for $56.94 per share
- Bar Harbor Bankshares price target raised to $35 from $34 at Keefe Bruyette
- Bar Harbor Bankshares Reports Strong Q4 2024 Results