Trustmark price target raised to $43 from $39 at DA Davidson

DA Davidson raised the firm’s price target on Trustmark (TRMK) to $43 from $39 and keeps a Neutral rating on the shares. Trustmark reported an EPS and pre-provision net revenue beat, as spread income was stronger than expected, complementing a lower than expected, and sequentially lower, provision expense, the analyst tells investors in a research note.