DA Davidson Reiterates Buy Rating on United Community Banks (UCB)
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Rating Summary:
1 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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DA Davidson analyst Gary Tenner reiterated a Buy rating and $36.00 price target on United Community Banks (NYSE: UCB).
The analyst commented, "We view UCB as well-positioned to grow top line and total revenue, and EPS, through 2025 and 2026, despite modest near term NIM headwinds as short-term rates decline. The loan production outlook remains constructive across the bank's footprint, and regional consolidation could aid talent and customer acquisition, generating near, and longer-term, opportunities for the company."
For an analyst ratings summary and ratings history on United Community Banks click here. For more ratings news on United Community Banks click here.
Shares of United Community Banks closed at $30.06 yesterday.
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