Glacier Bancorp price target raised to $58 from $55 at DA Davidson

DA Davidson raised the firm’s price target on Glacier Bancorp (GBCI) to $58 from $55 and keeps a Buy rating on the shares. The company’s 69c Q4 core earnings topped estimates and the firm has also raised its FY27 EPS expectations as the bank’s net interest margin momentum now appears to have longevity well into next year, the analyst tells investors in a research note.