Equity Bancshares price target lowered to $47 from $48 at DA Davidson

DA Davidson analyst Jeff Rulis lowered the firm’s price target on Equity Bancshares (EQBK) to $47 from $48 and keeps a Neutral rating on the shares after its Q1 results. The runoff of acquired Frontier balances hindered net growth in the quarter, but the management noted solid core production, healthy deposit inflows, and an active pipeline, positioning the bank for growth to resume in 2026, the analyst tells investors in a research note.