DA Davidson Reiterates Neutral Rating on Sandy Spring Bancorp (SASR)

DA Davidson analyst Manuel Navas reiterated a Neutral rating and $29.00 price target on Sandy Spring Bancorp (NASDAQ: SASR).

The analyst commented, "Sany Spring Bancorp (SASR) announced the completion of its merger with Atlantic Union Bankshares (AUB) effective April 1, 2025. In accordance with the merger agreement, SASR shareholders will receive 0.9000 of AUB shares per common share in SASR stock, totaling a deal value of approximately $1.3B. The deal was first announced October 21, 2024."

For an analyst ratings summary and ratings history on Sandy Spring Bancorp click here. For more ratings news on Sandy Spring Bancorp click here.

Shares of Sandy Spring Bancorp closed at $27.95 yesterday.

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