D.A. Davidson Reiterates Banner Buy, Raises PT To $25

D.A. Davidson reiterated its Banner BANR Buy rating and raised its Banner price target from $23 to $25 in a research report published today. In the report, D.A. Davidson states, "Q4 results made it tough to pick out a negative item in the release – truly a strong beat. In addition, the bank produced these results while going through an exam during the quarter, further validating the strength of the quarter and the potential for this franchise." Shares of Banner were trading at $19.73 at the time of posting, up 4.23% from Wednesday's market close.