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Origin Bancorp price target raised to $44 from $41 at DA Davidson

DA Davidson raised the firm’s price target on Origin Bancorp (OBK) to $44 from $41 and keeps a Buy rating on the shares. The company’s core pre-provision net revenue beat on stronger net interest income, partially offset by weaker fees and operating expenses, with results also profiling deposit growth, loan declines on client selectivity, net interest margin expansion, and net recoveries, the analyst tells investors in a research note.

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