Glacier Bancorp resumed at Neutral from Buy at Brean Capital

As previously reported, Brean Capital downgraded Glacier Bancorp (GBCI) to Neutral from Buy with a $55 fair value estimate as the firm resumed coverage. Glacier announced CFO Ron Copher planned to retire as soon as the company identifies a replacement, notes the analyst, who does not believe this transition slows the company’s acquisition strategy given the view that Glacier has “a solid executive team with long-term bankers leading key verticals.”