Sierra Bancorp (BSRR) PT Raised to $44 at DA Davidson Following 'Solid Overall Quarter'

DA Davidson analyst Gary Tenner raised the price target on Sierra Bancorp (NASDAQ: BSRR) to $44.00 (from $39.00) while maintaining a Buy rating.

The analyst commented, "BSRR had a solid overall quarter; with EPS upside driven by a lower than expected, negative PLL. The loan growth outlook for 2026 is improved from the last two years, in the mid-single digit range, along with a renewed focus on commercial deposit growth to support balance sheet expansion and NIM. Maintain BUY rating with a revised and $44 PT."

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