Raymond James analyst David Feaster lowered the firm’s price target on Banner Corp. to $58 from $60 and keeps an Outperform rating on the shares. Banner’s Q1 results exceeded forecasts on a core EPS/PPNR basis, where the bank is well-positioned for the current environment, the analyst tells investors in a research note.
Published first on TheFly
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- Banner Corp. reports Q1 EPS $1.61, consensus $1.58
- Banner Corporation Reports Net Income of $55.6 Million, or $1.61 Per Diluted Share, for First Quarter 2023; Declares Quarterly Cash Dividend of $0.48 Per Share
- Banner Corp. (BANR) Q1 Earnings Cheat Sheet
- Banner Corp. price target lowered to $60 from $68 at Raymond James
- Banner Corporation Announces CFO Transition Plan
