Business First Bancshares price target lowered to $33 from $34 at Stephens

Stephens lowered the firm’s price target on Business First Bancshares (BFST) to $33 from $34 and keeps an Overweight rating on the shares. Q1 results were highlighted by “excellent cost controls and solid fees” that drove EPS that beat consensus, but the firm is decreasing its EPS forecast 3% in 2026 and 2027 as Q1 results imply a considerable ramp for the remainder of the year, the analyst tells investors.