Business First Bancshares price target raised to $32 from $26 at DA Davidson

DA Davidson raised the firm’s price target on Business First Bancshares to $32 from $26 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm cites better than expected net interest income, fees, and operating expense, along with greater than expected ne interest margin expansion for the bank, the analyst tells investors in a research note.