Stephens Uplifts Old National Bancorp Price Target Following Robust Earnings Performance
Stephens increased the price target for Old National Bancorp shares to $28.00 from $27.00, while retaining an Overweight rating after the bank delivered strong fourth-quarter earnings. The results were driven by a solid deposit base, regional market strength, and synergy from the Bremer acquisition. Despite a revenue miss, earnings per share surpas…