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Eagle Bancorp price target raised to $24 from $22 at DA Davidson

DA Davidson raised the firm’s price target on Eagle Bancorp (EBMT) to $24 from $22 and keeps a Neutral rating on the shares. The company’s strong Q1 fees and active cost controls contributed to earnings upside, the analyst tells investors in a research note. Net interest margins are on track for a steady climb, though further lift is expected to flatten out later this year, the firm added.

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