Heritage Commerce (HTBK) Reports In-Line Q3 EPS

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Heritage Commerce (HTBK) PT Lowered to $12 at DA Davidson

October 28, 2024 5:49 AM EDT

DA Davidson analyst Gary Tenner lowered the price target on Heritage Commerce (NASDAQ: HTBK) to $12.00 (from $12.50) while maintaining a Buy rating.

The analyst comments "HTBK's results reflected ongoing deposit pressures, although the outlook for 4Q is decidedly more positive. More importantly, the... More