DA Davidson raised the firm’s price target on Simmons First National (SFNC) to $23 from $21 and keeps a Neutral rating on the shares. Simmons First announced a long-awaited for balance sheet repositioning, which should drive ROA over 1% and ROTCE to 14% in 2026, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFNC:
- Simmons First National 16.2M share Spot Secondary priced at $18.50
- Simmons 1st Nat’l Announces $300M Stock Offering
- Simmons First National files $250M Class A common stock offering
- Simmons First National price target raised to $21 from $19 at DA Davidson
- Simmons First National price target raised to $22 from $21 at Keefe Bruyette