Stephens initiated coverage of HomeTrust (HTB) with an Overweight rating and $43 price target The organic path ahead for the company is “particularly compelling” as geographic expansion is focused on attractive metro growth markets, the analyst tells investors in a research note. The firm further cites the combination of accelerating loan growth and above-peer net interest margin for HomeTrust that drives an ROA and pre-provision net revenue outlook that is above peers.
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