United Bankshares price target raised to $39 from $36 at Stephens

Stephens analyst Russell Gunther raised the firm’s price target on United Bankshares to $39 from $36 and keeps an Equal Weight rating on the shares after United’s operating EPS of 69c beat the Street view of 64c and Stephens’ forecast of 65c. Following the report, the firm raised its FY24 operating EPS forecast to $2.65 and lowered its FY25 operating EPS view to $2.70, the analyst noted.