HBT Financial downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Daniel Tamayo downgraded HBT Financial (HBT) to Market Perform from Outperform without a price target Near-term risk-reward on shares is balanced following relative outperformance year-to-date, the analyst tells investors in a research note. The firm sees a lack of near-term catalysts to improve organic growth prospects given its slower-growth footprint.