Stephens analyst Andrew Terrell raised the firm’s price target on Heritage Financial (HFWA) to $30 from $28 and keeps an Equal Weight rating on the shares. The net interest margin should continue to expand from here organically, also aided by the close of the Kitsap acquisition, says the analyst, who “wouldn’t be surprised to see a ~4.00% NIM by year-end.”
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Read More on HFWA:
- Heritage Financial price target raised to $30 from $28 at Keefe Bruyette
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