Piper Sandler analyst Mark Fitzgibbon upgraded Bar Harbor Bankshares (BHB) to Overweight from Neutral with a price target of $35, up from $34, following completion of the bank’s Guaranty Bancorp acquisition. It believes the deal “provides another compelling reason” to own Bar Harbor shares. Piper upgraded the name after incorporating the Guaranty into its model.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHB: