As previously reported, Janney Montgomery Scott upgraded S&T Bancorp to Buy from Neutral with a $46 fair value estimate following what the firm calls “a sound quarter.” Net interest income and margin performed better than expected and the company announced a $100M share buyback program, notes the analyst, who contends that “trends appear buildable going into 2026” as loan growth looks poised for a pickup.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STBA: