Stephens raised the firm’s price target on Home BancShares (HOMB) to $31 from $30 and keeps an Overweight rating on the shares following Q3 results that the firm says were highlighted by steady net interest income trends and continued expense management. The bank remains positioned for M&A due to its strong capital, premium valuation and M&A integration experience, according to the analyst, who is “optimistic” the bank’s M&A strategy will be successful in 2025.
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