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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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