Business First Bancshares price target raised to $33 from $32 at DA Davidson

DA Davidson raised the firm’s price target on Business First Bancshares (BFST) to $33 from $32 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s result highlights its ability to generate solid loan growth and maintain its net interest margin with additional traction from its fee-based business lines, the analyst tells investors in a research note.