Raymond James lowered the firm’s price target on QCR Holdings (QCRH) to $82 from $95 and keeps an Outperform rating on the shares. Though Q1 is a seasonally-light quarter for Low-Income Housing Tax Credit production, the firm raised its 1Q25/1Q26 estimates to ~$14M from $13M, pushing its 2025/2026 for swap fee revenues slightly above guidance for near-term swap fees in the range of $50M-$60M, the analyst tells investors in a research note.
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