Hancock Whitney price target raised to $78 from $72 at Keefe Bruyette
Keefe Bruyette raised the firm's price target on Hancock Whitney to $78 from $72 and keeps a Market Perform rating on the shares. The firm raised its estimates to incorporate the inclusion of the One Florida acquisition and is revised economic baseline, which is a modest positive to Hancock's net interest margin given its asset sensitivity. With only 7% upside to its price target, the firm remains Market Perform, but likes the shares as a short-term trading call into Q2 earnings.
Keefe Bruyette raised the firm's price target on Hancock Whitney to $78 from $72 and keeps a Market Perform rating on the shares.
The firm raised its estimates to incorporate the inclusion of the One Florida acquisition and is revised economic baseline, which is a modest positive to Hancock's net interest margin given its asset sensitivity.
With only 7% upside to its price target, the firm remains Market Perform, but likes the shares as a short-term trading call into Q2 earnings.