Stephens lowered the firm’s price target on Heartland Financial to $34 from $38 and keeps an Overweight rating on the shares based on updated estimates following the company’s Q3 report. The firm argues that incremental organic growth opportunities and upside from the “HTLF 3.0″ plan support an Overweight rating.
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Read More on HTLF:
- Heartland Financial reports Q3 EPS $1.08 with items, consensus $1.09
- Heartland Financial USA, Inc. (“HTLF”) Reports Quarterly and Year to Date Results as of September 30, 2023
- Is HTLF a Buy, Before Earnings?
- Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends
- HTLF Schedules Third Quarter Earnings Conference Call for October 30, 2023