Eagle Bancorp price target raised to $23 from $21 at DA Davidson

DA Davidson raised the firm’s price target on Eagle Bancorp (EBMT) to $23 from $21 and keeps a Neutral rating on the shares after its Q4 earnings beat. With Q4’s net interest margin and fee income lift, against expense improvement, Eagle Bancorp posted the bank’s most efficient quarter in over four years at the bank, the analyst tells investors in a research note. The firm adds that it expects seasonality to swing quarterly results around some, but views the bank’s longer term trajectory as positive.