Equity Bancshares price target raised to $45 from $42 at DA Davidson

DA Davidson raised the firm’s price target on Equity Bancshares to $45 from $42 and keeps a Neutral rating on the shares. The company’s “core” Q3 EPS of 85c missed estimates on higher than expected core operating expenses and a moderately larger provision, but encouragingly, its net interest margin is steadying and its credit progress is noted, the analyst tells investors in a research note.