Simmons First National price target raised to $22 from $21 at Keefe Bruyette

Keefe Bruyette analyst Woody Lay raised the firm’s price target on Simmons First National (SFNC) to $22 from $21 and keeps a Market Perform rating on the shares. A return to industry average profitability levels is more of a medium-term target, the analyst tells investors in a research note.