WesBanco price target lowered to $27 from $30 at Stephens

Stephens lowered the firm’s price target on WesBanco to $27 from $30 and keeps an Equal Weight rating on the shares. A “modest” net interest margin miss is expected to inch higher in Q2 and “tread water going forward, weighing on estimates,” says the analyst, who lowered the firm’s FY24 and FY25 EPS estimates by 2% and 8%, respectively.