DA Davidson analyst Jeff Rulis raised the firm’s price target on HBT Financial to $26 from $22 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm is positive on the company’s results as its net interest margins exceeded expectations, while its expense control and credit quality updates also added “positive highlights”, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HBT:
- HBT Financial Releases Q2 Results and Performance Insights
- HBT Financial reports Q2 EPS 57c, consensus 56c
- HBT Upcoming Earnings Report: What to Expect?
- HBT Financial, Inc. to Announce Second Quarter 2024 Financial Results on July 22, 2024
- HBT Financial price target lowered to $21 from $22 at JPMorgan
