Raymond James lowered the firm’s price target on First Business Financial (FBIZ) to $64 from $68 and keeps an Outperform rating on the shares. The quarter was solid overall, supported by improving credit quality, strong fee income, and robust loan growth that drove higher net interest income despite temporary net interest margin pressure, the analyst tells investors in a research note.
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Read More on FBIZ:
- First Business Financial price target raised to $64 from $63 at Keefe Bruyette
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- First Business Financial Reports Solid First Quarter 2026 Results
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- First Business Financial reports Q1 EPS $1.44, consensus $1.42