Five Star Bancorp price target raised to $48.50 from $45 at DA Davidson

DA Davidson raised the firm’s price target on Five Star Bancorp (FSBC) to $48.50 from $45 and keeps a Buy rating on the shares. The company’s Q1 results again exceeded expectations with stronger-than-expected net interest income growth and a 4 basis point net interest margin expansion, the analyst tells investors in a research note.