DA Davidson lowered the firm’s price target on Enterprise Financial (EFSC) to $65 from $69 and keeps a Buy rating on the shares after its Q3 results. The company’s credit update was disappointing and requires greater execution ahead to remove the asset quality overhang, though the firm is even more encouraged on Enterprise Financial’s net interest income outlook, driving its upward 2026 EPS revision to $5.45 from $5.30, the analyst tells investors in a research note.
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Read More on EFSC:
- Enterprise Financial price target lowered to $62 from $64 at Piper Sandler
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- Enterprise Financial Services: Growth Amid Challenges
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