DA Davidson raised the firm’s price target on Investar Holding to $14.75 from $13 and keeps a Neutral rating on the shares after its Q2 earnings beat. Net interest margin pressure for the company continues, but the pace is diminishing and should stabilize by late-2023 or early-2024, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ISTR: