Keefe Bruyette analyst Woody Lay raised the firm’s price target on South Plains Financial (SPFI) to $47 from $46 and keeps an Outperform rating on the shares. Tight expense management was able to offset a slight net interest income miss, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPFI:
- South Plains Financial reports Q4 EPS 90c, consensus 88c
- SPFI Earnings this Week: How Will it Perform?
- South Plains Financial Increases Quarterly Dividend for Shareholders
- South Plains Financial increases quarterly dividend 6% to 17c per share
- South Plains Financial price target raised to $44 from $42 at Raymond James