Truist analyst Brian Foran raised the firm’s price target on Old National Bancorp (ONB) to $27 from $26 and keeps a Buy rating on the shares after its Q4 results. The firm is cutting its FY26 and FY27 EPS views by about 2% however to reflect higher provisions, slightly lower net interest income and a slightly higher expenses than previously modeled, 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>>
Read More on ONB:
- Old National Bancorp Capital Highlights Fixed Income Investor Presentation
- Old National Bancorp price target raised to $26 from $25 at RBC Capital
- Old National Bancorp price target raised to $28 from $27 at Stephens
- TD upgrades Old National to Buy on improving growth
- Old National Bancorp upgraded to Buy from Hold at TD Cowen