NewtekOne price target raised to $13 from $12 at Keefe Bruyette

Keefe Bruyette analyst Timothy Switzer raised the firm’s price target on NewtekOne (NEWT) to $13 from $12 and keeps a Market Perform rating on the shares. The new transaction with Patriot, combined with the recent preferred equity offering, should lower annual EPS by a little over 20c in 2026, the analyst tells investors in a research note.