Hovde Group Stock Recommendations and Price Targets

This is a list of recent ratings by Hovde Group.

DateCompany NameActionCurrent
Price
Price
Target
Rating
7/24/2026
WTBA
West Bancorporation
Boost Price Target$27.00$25.50 ➝ $28.00Market Perform
7/24/2026
BFST
Business First Bancshares
Boost Price Target$31.00$32.50 ➝ $36.00Outperform ➝ Outperform
7/24/2026
UBSI
United Bankshares
Boost Price Target$48.00$49.00 ➝ $50.00Market Perform
7/23/2026
FUNC
First United
Reiterated Rating$45.00 $49.00Outperform ➝ Outperform
7/22/2026
MBWM
Mercantile Bank
Downgrade$58.00 $62.00Outperform ➝ Market Perform
7/17/2026
FCBM
First Carolina Financial Services
Initiated Coverage$13.00 $14.00Market Perform
7/17/2026
FCBM
First Carolina Financial Services
Initiated Coverage$13.00 $14.00Market Perform
7/17/2026
GEHC
GE HealthCare Technologies
Initiated Coverage$61.00 $14.00Market Perform
7/10/2026
IBCP
Independent Bank
Upgrade$38.00$36.00 ➝ $41.00Market Perform ➝ Outperform
7/10/2026
CZWI
Citizens Community Bancorp
Downgrade$24.00$21.00 ➝ $24.00Outperform ➝ Market Perform
6/24/2026
UBSI
United Bankshares
Initiated Coverage$48.00 $49.00Market Perform
6/16/2026
RBB
RBB Bancorp
Upgrade$26.00$26.00 ➝ $29.00Market Perform ➝ Outperform
6/12/2026
HWC
Hancock Whitney
Downgrade$76.00 $74.00Outperform ➝ Market Perform
6/12/2026
HWC
Hancock Whitney
Upgrade$76.00 $74.00Outperform ➝ Hold
6/10/2026
EQBK
Equity Bancshares
Initiated Coverage$50.00 $51.00Market Perform
6/10/2026
EQBK
Equity Bancshares
Initiated Coverage$50.00 $51.00Market Perform
6/10/2026
FRAF
Franklin Financial Services
Downgrade$62.00Outperform ➝ Market Perform
6/3/2026
CARE
Carter Bankshares
Downgrade$34.00 $30.00Outperform ➝ Market Perform
5/29/2026
FUNC
First United
Initiated Coverage$45.00 $44.50Outperform
5/27/2026
ACNB
ACNB
Downgrade$62.00$56.00 ➝ $57.00Outperform ➝ Market Perform
5/26/2026
VLY
Valley National Bancorp
Boost Price Target$14.00$16.00 ➝ $16.50Outperform
5/21/2026
BFC
Bank First National
Boost Price Target$151.00$160.00 ➝ $165.00Outperform
5/15/2026
INDB
Independent Bank
Initiated Coverage$85.00 $95.00Outperform
5/15/2026
INDB
Independent Bank
Initiated Coverage$85.00 $95.00Outperform
5/4/2026
SRBK
SR Bancorp
Boost Price Target$19.00$18.00 ➝ $19.00Market Perform
5/4/2026
CBNA
Chain Bridge Bancorp
Boost Price Target$42.00$38.00 ➝ $39.50Market Perform
5/4/2026
PFIS
Peoples Financial Services
Boost Price Target$69.00$59.00 ➝ $61.00Market Perform
5/1/2026
BBT
Beacon Financial
Reiterated Rating$30.00$33.00 ➝ $30.00Outperform ➝ Market Perform
4/30/2026
EBMT
Eagle Bancorp Montana
Boost Price Target$23.00$20.00 ➝ $23.00Market Perform
4/29/2026
NWBI
Northwest Bancshares
Boost Price Target$15.00$14.00 ➝ $15.00Market Perform
4/29/2026
RNST
Renasant
Boost Price Target$43.00$44.00 ➝ $46.00Outperform
4/29/2026
UMBF
UMB Financial
Boost Price Target$141.00$145.00 ➝ $150.00Outperform
4/28/2026
LKFN
Lakeland Financial
Boost Price Target$61.00$63.00 ➝ $66.00Market Perform
4/28/2026
CUBI
Customers Bancorp
Boost Price Target$76.00$80.00 ➝ $86.00Market Perform
4/28/2026
CHCO
City
Boost Price Target$140.00$133.00 ➝ $135.00Market Perform
4/27/2026
USCB
USCB Financial
Boost Price Target$22.00$19.50 ➝ $20.00Market Perform
4/27/2026
UCB
United Community Banks
Lower Price Target$35.00$38.00 ➝ $37.00Market Perform
4/27/2026
TOWN
Towne Bank
Lower Price Target$37.00$42.00 ➝ $41.00Outperform
4/27/2026
NBTB
NBT Bancorp
Lower Price Target$52.00$47.00 ➝ $46.50Market Perform
4/27/2026
FBK
FB Financial
Lower Price Target$59.00$66.00 ➝ $63.00Outperform
4/27/2026
FRAF
Franklin Financial Services
Boost Price Target$62.00$59.00 ➝ $64.00Outperform
4/27/2026
SSB
SouthState Bank
Boost Price Target$106.00$110.00 ➝ $112.00Outperform
4/24/2026
VLY
Valley National Bancorp
Boost Price Target$14.00$15.00 ➝ $16.00Outperform
4/24/2026
CBAN
Colony Bankcorp
Boost Price Target$22.00$22.00 ➝ $23.00Outperform
4/24/2026
CARE
Carter Bankshares
Boost Price Target$34.00$27.00 ➝ $28.00Outperform
4/24/2026
FMAO
Farmers & Merchants Bancorp
Lower Price Target$31.00$30.00 ➝ $28.50Market Perform
4/24/2026
CNOB
ConnectOne Bancorp
Boost Price Target$32.00$32.00 ➝ $34.00Outperform
4/24/2026
HTB
HomeTrust Bancshares
Boost Price Target$49.00$46.50 ➝ $47.00Market Perform
4/23/2026
BKU
BankUnited
Lower Price Target$46.00$57.00 ➝ $53.00Outperform
4/23/2026
NIC
Nicolet Bankshares
Lower Price Target$170.00$190.00 ➝ $180.00Outperform
4/22/2026
RBB
RBB Bancorp
Boost Price Target$26.00$23.00 ➝ $26.00Market Perform
4/22/2026
PEBO
Peoples Bancorp
Boost Price Target$40.00$33.00 ➝ $36.00Market Perform
4/22/2026
CBSH
Commerce Bancshares
Lower Price Target$59.00$63.00 ➝ $60.00Outperform
4/22/2026
HBCP
Home Bancorp
Boost Price Target$70.00$62.00 ➝ $65.50Market Perform
4/6/2026
WTBA
West Bancorporation
Initiated Coverage$27.00 $25.50Market Perform
4/2/2026
WNEB
Western New England Bancorp
Upgrade$14.00Hold
3/19/2026
SSB
SouthState Bank
Upgrade$106.00 $110.00Market Perform ➝ Outperform
3/11/2026
FRAF
Franklin Financial Services
Initiated Coverage$62.00 $59.00Outperform
3/6/2026
SYBT
Stock Yards Bancorp
Upgrade$82.00 $75.00Market Perform ➝ Outperform
2/27/2026
SFBS
ServisFirst Bancshares
Boost Price Target$88.00$92.00 ➝ $97.00Outperform
2/23/2026
STBA
S&T Bancorp
Boost Price Target$52.00$44.00 ➝ $47.00Market Perform
2/13/2026
MVBF
Mvb Financial
Boost Price Target$29.00$31.00 ➝ $33.00Outperform
2/9/2026
UCB
United Community Banks
Downgrade$35.00 $38.00Outperform ➝ Market Perform
2/6/2026
OBT
Orange County Bancorp
Boost Price Target$38.00$32.00 ➝ $38.00Outperform
2/3/2026
SHBI
Shore Bancshares
Boost Price Target$24.00$19.00 ➝ $22.00Outperform
2/3/2026
BBT
Beacon Financial
Boost Price Target$30.00$31.00 ➝ $33.00Outperform
2/3/2026
FCCO
First Community
Boost Price Target$34.00$32.00 ➝ $34.00Outperform
2/3/2026
BPRN
Princeton Bancorp
Boost Price Target$41.00$35.00 ➝ $37.50Market Perform
2/2/2026
CBAN
Colony Bankcorp
Boost Price Target$22.00$21.00 ➝ $22.00Outperform
2/2/2026
SBSI
Southside Bancshares
Boost Price Target$34.00$32.00 ➝ $34.00Market Perform
2/2/2026
AROW
Arrow Financial
Boost Price Target$39.00$33.50 ➝ $34.50Market Perform
2/2/2026
ORRF
Orrstown Financial Services
Boost Price Target$43.00$40.00 ➝ $42.00Outperform
2/2/2026
BWFG
Bankwell Financial Group
Boost Price Target$62.00$48.00 ➝ $49.00Market Perform
1/30/2026
VLY
Valley National Bancorp
Boost Price Target$14.00$14.00 ➝ $15.00Outperform
1/30/2026
INBK
First Internet Bancorp
Boost Price Target$26.00$26.00 ➝ $29.00Outperform ➝ Outperform
1/30/2026
CIVB
Civista Bancshares
Boost Price Target$29.00$23.00 ➝ $26.00Market Perform
1/30/2026
CNOB
ConnectOne Bancorp
Lower Price Target$32.00$32.50 ➝ $32.00Outperform
1/30/2026
FFBC
First Financial Bancorp.
Boost Price Target$34.00$32.00 ➝ $34.00Outperform
1/30/2026
RNST
Renasant
Boost Price Target$43.00$41.00 ➝ $44.00Outperform
1/30/2026
CCB
Coastal Financial
Lower Price Target$72.00$140.00 ➝ $133.00Outperform
1/29/2026
GBFH
GBank Financial
Lower Price Target$31.00$44.00 ➝ $42.00Outperform
1/29/2026
TRMK
Trustmark
Boost Price Target$47.00$42.00 ➝ $44.50Market Perform
1/29/2026
HBCP
Home Bancorp
Boost Price Target$70.00$61.00 ➝ $62.00Market Perform
1/29/2026
PB
Prosperity Bancshares
Boost Price Target$73.00$75.00 ➝ $77.00Outperform
1/29/2026
SYBT
Stock Yards Bancorp
Boost Price Target$82.00$73.00 ➝ $75.00Market Perform
1/28/2026
FBP
First BanCorp.
Boost Price Target$29.00$25.00 ➝ $26.00Outperform
1/28/2026
BPOP
Popular
Boost Price Target$172.00$153.00 ➝ $176.00Outperform
1/27/2026
NIC
Nicolet Bankshares
Reiterated Rating$170.00 $190.00Outperform ➝ Outperform
1/27/2026
SPFI
South Plains Financial
Boost Price Target$45.00$47.00 ➝ $49.00Outperform
1/27/2026
TCBI
Texas Capital Bancshares
Boost Price Target$99.00$93.00 ➝ $102.00Market Perform
1/22/2026
SMBK
SmartFinancial
Upgrade$50.00 $48.00Market Perform ➝ Outperform
1/13/2026
GBFH
GBank Financial
Initiated Coverage$31.00 $44.00Outperform
1/13/2026
GBFH
GBank Financial
Initiated Coverage$31.00 $44.00Outperform
1/12/2026
HTB
HomeTrust Bancshares
Downgrade$49.00Strong-Buy ➝ Hold
1/12/2026
AROW
Arrow Financial
Downgrade$39.00Outperform ➝ Market Perform
1/7/2026
LKFN
Lakeland Financial
Downgrade$61.00Outperform ➝ Market Perform
1/7/2026
COFS
ChoiceOne Financial Services
Downgrade$33.00Outperform ➝ Market Perform
1/7/2026
ALRS
Alerus Financial
Downgrade$33.00Outperform ➝ Market Perform
1/5/2026
EBC
Eastern Bankshares
Initiated Coverage$23.00 $22.50Outperform
1/5/2026
DPZ
Domino's Pizza
Set Price Target$333.00 $460.00