United Community Banks price target raised to $36 from $34 at DA Davidson

DA Davidson raised the firm’s price target on United Community Banks (UCB) to $36 from $34 and keeps a Buy rating on the shares. United Community Banks is well-positioned to grow top line and total revenue, and EPS, through 2025 and 2026 as near-term net interest margin should expand, while the company’s underlying markets are supportive of loan generation, the analyst tells investors in a research note.