DA Davidson analyst Jeff Rulis raised the firm’s price target on First Busey (BUSE) to $26 from $23 and keeps a Neutral rating on the shares. A ramping net interest margin, good cost control and the expectation for smoother results ahead offer reasons for optimism, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BUSE: