Keefe Bruyette analyst Damon DelMonte upgraded Heartland Financial (HTLF) to Outperform from Market Perform with a price target of $54, up from $51. The firm upgraded the shares to reflect Heartland’s pending sale to UMB Financial (UMBF), a stock it just upgraded as well.
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Read More on HTLF:
- Heartland Financial’s Annual Meeting Decisions and Elections
- UMB Financial upgraded to Overweight from Equal Weight at Barclays (yesterday)
- Heartland Financial price target raised to $45 from $36 at DA Davidson
- UMB Financial price target raised to $90 from $88 at Wells Fargo
- Heartland Financial and UMB Announce Strategic Merger Agreement
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