DA Davidson raised the firm’s price target on Equity Bancshares (EQBK) to $44 from $39 and keeps a Neutral rating on the shares. The company’s Q2 revenue came in below forecasts, yet lower credit and tax costs helped lift earnings, while its net interest margin showed surprising strength, the analyst tells investors in a research note. Equity Bancshares’ credit bears watching with softening in the restaurant arena, but losses remain modest, the firm added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQBK:
- Equity Bancshares price target raised to $45 from $44 at Keefe Bruyette
- Equity Bancshares Reports Q2 2025 Earnings and Expansion
- Equity Bancshares’ Earnings Call: Positive Outlook Amid Challenges
- Closing Bell Movers: Trade Desk jumps 14% on S&P500 inclusion
- Equity Bancshares Completes Merger with NBC Oklahoma