TriCo Bancshares price target raised to $55 from $54 at Stephens

Stephens analyst Andrew Terrell raised the firm’s price target on TriCo Bancshares (TCBK) to $55 from $54 and keeps an Overweight rating on the shares. Following the bank’s Q4 report, the firm says it continues to expect TriCo is “a near-term buyer amongst our coverage.” However, should M&A not come to fruition in the first half of 2026, the firm thinks “a takeout thesis could become more likely as the year progresses,” the analyst tells investors.