Stephens raised the firm’s price target on Hilltop Holdings (HTH) to $36 from $35 and keeps an Equal Weight rating on the shares. While noting that the mortgage segment remains challenged by slower volumes, the firm was “pleased” to see accelerating trends in the broker/dealer and stable to improving trends in the commercial bank segment, the analyst tells investors in a post-earnings note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HTH:
