Stephens downgraded SmartFinancial (SMBK) to Equal Weight from Overweight with an unchanged price target of $39. Relative outperformance reflects consecutive beat and raise quarters, but the firm now finds its revised FY25 EPS forecasts “modestly below the Street,” the analyst tells investors.
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Read More on SMBK:
- SmartFinancial Declares Quarterly Cash Dividend for Investors
- SmartFinancial price target raised to $36 from $32 at Raymond James
- SmartFinancial Achieves Strong Q3 2024 Performance
- SmartFinancial reports Q3 operating EPS 54c, consensus 47c
- SMBK Earnings this Week: How Will it Perform?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
