DA Davidson analyst Peter Winter raised the firm’s price target on Dime Community (DCOM) to $39 from $37 and keeps a Buy rating on the shares after its Q4 earnings beat. The company reported a strong quarter, led by solid net interest margin expansion and growth in excess cash, the analyst tells investors in a research note. The firm is also positive on the company’s strong deposit franchise along with its solid improvement in credit trend.
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Read More on DCOM:
- Dime Community price target raised to $40 from $34 at Keefe Bruyette
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