Hanmi Financial price target raised to $27 from $26 at DA Davidson

DA Davidson raised the firm’s price target on Hanmi Financial (HAFC) to $27 from $26 and keeps a Neutral rating on the shares. Hanmi reported positive NIM expansion and top line revenue growth, although NII came in below Street expectations, and the company reported higher than expected provision expense, and net charge-offs, the analyst tells investors in a research note.