First Interstate price target lowered to $32 from $34 at Stephens

Stephens analyst Andrew Terrell lowered the firm’s price target on First Interstate (FIBK) to $32 from $34 and keeps an Overweight rating on the shares. Operating EPS of 50c compares to the firm’s 61c forecast and Street’s 55c in “a quarter that was relatively messy, to say the least,” the analyst tells investors. Following the report, the firm is updating its FY26 operating EPS forecast to $2.60 from $2.90, the analyst noted.