Old National Bancorp price target raised to $28 from $27 at Stephens

Stephens raised the firm’s price target on Old National Bancorp (ONB) to $28 from $27 and keeps an Overweight rating on the shares after earnings “beat expectations across the board.” Management’s 2026 outlook implies 4%-6% loan growth and quarterly net interest income growth during the year, notes the analyst, who adds that the firm’s model suggests an ROA and ROTCE of 1.36% and about 18%, respectively, in 2026.