Hovde Group Stock Recommendations and Price Targets

This is a list of recent ratings by Hovde Group.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
9/13/2022
BHLB
Berkshire Hills Bancorp
Initiated Coverage$28.00 $33.00OutperformLow
8/22/2022
CBNK
Capital Bancorp
Boost Price Target$24.00 $31.00Low
8/15/2022
NMFC
New Mountain Finance
Boost Price Target$12.00 $13.00N/A
8/15/2022
WHF
WhiteHorse Finance
Boost Price Target$11.00 $15.00Low
8/15/2022
MVBF
MVB Financial
Lower Price Target$29.00 $43.00N/A
8/9/2022
PFHD
Professional
Downgrade$26.00 $32.00Outperform ➝ Market PerformLow
7/29/2022
CIVB
Civista Bancshares
Downgrade$21.00 $25.00Outperform ➝ Market PerformLow
7/29/2022
ALRS
Alerus Financial
Upgrade$22.00$27.00 ➝ $28.00Market Perform ➝ OutperformLow
7/28/2022
MBWM
Mercantile Bank
Upgrade$30.00 $41.00Market Perform ➝ OutperformLow
7/22/2022
FFIN
First Financial Bankshares
Lower Price Target$43.00 $44.50Low
7/8/2022
HBCP
Home Bancorp
Initiated Coverage$39.00 $46.00OutperformN/A
6/21/2022
RNST
Renasant
Upgrade$32.00 $34.00Market Perform ➝ OutperformLow
6/3/2022
FNWB
First Northwest Bancorp
Lower Price Target$16.00 $21.50Low
5/26/2022
BCML
BayCom
Boost Price Target$18.00 $28.00Low
5/20/2022
OCSL
Oaktree Specialty Lending
Lower Price Target$6.00 $7.00Medium
5/20/2022
NMFC
New Mountain Finance
Lower Price Target$12.00 $12.50Low
5/20/2022
RWAY
Runway Growth Finance
Lower Price Target$11.00 $13.50Low
5/20/2022
ORCC
Owl Rock Capital
Lower Price Target$11.00 $14.00Medium
5/20/2022
WHF
WhiteHorse Finance
Lower Price Target$11.00 $13.00High
5/20/2022
SLRC
SLR Investment
Lower Price Target$13.00 $16.00High
5/20/2022
ARCC
Ares Capital
Lower Price Target$18.00 $19.00Medium
5/20/2022
FDUS
Fidus Investment
Lower Price Target$17.00 $19.00Medium
5/20/2022
TSLX
Sixth Street Specialty Lending
Lower Price Target$17.00 $21.00Medium
5/20/2022
FSK
FS KKR Capital
Lower Price Target$18.00 $23.00Low
5/20/2022
CSWC
Capital Southwest
Lower Price Target$18.00 $22.00Medium
5/20/2022
SAR
Saratoga Investment
Lower Price Target$22.00 $28.00Low
5/20/2022
MAIN
Main Street Capital
Lower Price Target$35.00 $37.00High
5/18/2022
FSFG
First Savings Financial Group
Initiated Coverage$23.00 $30.00OutperformLow
5/18/2022
ALRS
Alerus Financial
Initiated Coverage$22.00 $29.00Market PerformMedium
5/18/2022
SYBT
Stock Yards Bancorp
Initiated Coverage$70.00Market PerformLow
5/6/2022
ORCC
Owl Rock Capital
Upgrade$11.00 $15.00Market Perform ➝ OutperformLow
4/27/2022
ARCC
Ares Capital
Upgrade$18.00Market Perform ➝ OutperformMedium
3/23/2022
SCM
Stellus Capital Investment
Downgrade$12.00Outperform ➝ Market PerformLow
3/23/2022
FDUS
Fidus Investment
Downgrade$17.00Outperform ➝ Market PerformLow
3/23/2022
CSWC
Capital Southwest
Downgrade$18.00Outperform ➝ Market PerformLow
3/7/2022
ORCC
Owl Rock Capital
Initiated Coverage$11.00Market PerformHigh
3/7/2022
ARCC
Ares Capital
Initiated Coverage$18.00 $22.50Market PerformHigh
3/7/2022
MAIN
Main Street Capital
Initiated Coverage$35.00 $44.00Market PerformHigh
3/4/2022
WHF
WhiteHorse Finance
Downgrade$11.00$16.50 ➝ $15.50Outperform ➝ Market PerformMedium
3/2/2022
FHN
First Horizon
Downgrade$23.00Outperform ➝ Market PerformMedium
2/22/2022
RBB
RBB Bancorp
Downgrade$21.00$35.00 ➝ $30.00Outperform ➝ Market PerformHigh
12/20/2021
FBP
First BanCorp.
Initiated Coverage$14.00 $17.00OutperformHigh
12/20/2021
FNWB
First Northwest Bancorp
Initiated Coverage$16.00 $23.00OutperformHigh
12/20/2021
OFG
OFG Bancorp
Initiated Coverage$26.00 $32.00OutperformHigh
12/20/2021
BPOP
Popular
Initiated Coverage$73.00 $107.00OutperformMedium
12/13/2021
FRME
First Merchants
Upgrade$40.00 $47.00Market Perform ➝ OutperformLow
12/8/2021
RBCAA
Republic Bancorp
Downgrade$39.00 $57.00Outperform ➝ Market PerformLow
11/19/2021
RWAY
Runway Growth Finance
Initiated Coverage$11.00 $14.50OutperformLow
9/17/2021
WNEB
Western New England Bancorp
Upgrade$8.00Market Perform ➝ OutperformHigh
9/17/2021
VLY
Valley National Bancorp
Upgrade$11.00Market Perform ➝ OutperformHigh
9/13/2021
BY
Byline Bancorp
Initiated Coverage$21.00 $28.00OutperformLow
9/2/2021
TCBI
Texas Capital Bancshares
Downgrade$61.00Outperform ➝ Market PerformHigh
8/9/2021
FDUS
Fidus Investment
Upgrade$17.00$18.50 ➝ $19.00Market Perform ➝ OutperformHigh
8/5/2021
CVBF
CVB Financial
Upgrade$26.00$22.00 ➝ $23.00Market Perform ➝ OutperformMedium
7/26/2021
SBSI
Southside Bancshares
Reiterated Rating$36.00$42.00 ➝ $34.82Market PerformLow
7/22/2021
BOKF
BOK Financial
Lower Price Target$88.00$99.00 ➝ $93.00Market PerformLow
6/23/2021
FHN
First Horizon
Upgrade$23.00 $20.00Market Perform ➝ OutperformLow
6/7/2021
FBMS
First Bancshares
Initiated Coverage$30.00Market PerformLow
5/10/2021
FDUS
Fidus Investment
Downgrade$17.00$17.00 ➝ $18.50Outperform ➝ Market PerformMedium
5/3/2021
EVBN
Evans Bancorp
Downgrade$37.00$37.00 ➝ $38.00Outperform ➝ Market PerformN/A
4/12/2021
WNEB
Western New England Bancorp
Initiated Coverage$8.00 $8.50Market PerformMedium
4/7/2021
VLY
Valley National Bancorp
Downgrade$11.00Outperform ➝ Market PerformLow
4/7/2021
PGC
Peapack-Gladstone Financial
Downgrade$34.00Outperform ➝ Market PerformLow
4/7/2021
SFBS
ServisFirst Bancshares
Downgrade$82.00Outperform ➝ Market PerformMedium
4/5/2021
TCBI
Texas Capital Bancshares
Upgrade$61.00$73.50 ➝ $82.50Market Perform ➝ OutperformLow
3/31/2021
PEBO
Peoples Bancorp
Upgrade$29.00$34.00 ➝ $40.00Market Perform ➝ OutperformMedium
3/19/2021
CSTR
CapStar Financial
Initiated Coverage$19.00 $22.00OutperformHigh
3/8/2021
BKU
BankUnited
Upgrade$35.00$42.00 ➝ $51.00Market Perform ➝ OutperformHigh
3/5/2021
OCSL
Oaktree Specialty Lending
Initiated Coverage$6.00 $7.25OutperformLow
3/5/2021
NMFC
New Mountain Finance
Initiated Coverage$12.00 $13.50Market PerformLow
3/5/2021
FDUS
Fidus Investment
Initiated Coverage$17.00 $17.00OutperformMedium
3/5/2021
FSK
FS KKR Capital
Initiated Coverage$18.00 $23.00OutperformLow
3/5/2021
CSWC
Capital Southwest
Initiated Coverage$18.00 $24.00OutperformLow
3/5/2021
SAR
Saratoga Investment
Initiated Coverage$22.00 $29.00OutperformLow
2/26/2021
RBB
RBB Bancorp
Initiated Coverage$21.00 $25.00OutperformMedium
2/8/2021
RBCAA
Republic Bancorp
Upgrade$39.00$38.00 ➝ $46.00Market Perform ➝ OutperformHigh
2/1/2021
PROV
Provident Financial
Downgrade$15.00 $17.00Outperform ➝ Market PerformLow
1/29/2021
SBT
Sterling Bancorp
Initiated Coverage$6.00 $6.00OutperformLow
1/25/2021
SBNY
Signature Bank
Upgrade$155.00$125.00 ➝ $195.00Market Perform ➝ OutperformMedium
10/14/2020
CUBI
Customers Bancorp
Initiated Coverage$30.00 $20.00OutperformLow
9/30/2020
PB
Prosperity Bancshares
Upgrade$68.00$55.00 ➝ $57.00Underperform ➝ Market PerformLow
5/29/2020
CVBF
CVB Financial
Upgrade$26.00$20.00 ➝ $20.50Underperform ➝ Market PerformLow
5/27/2020
IBTX
Independent Bank Group
Upgrade$64.00$59.00 ➝ $42.00Market Perform ➝ OutperformHigh
5/19/2020
MYFW
First Western Financial
Initiated Coverage$25.00 $15.00OutperformHigh
4/27/2020
FCCO
First Community
Upgrade$17.00$18.00 ➝ $17.00Market Perform ➝ OutperformHigh
4/8/2020
CVBF
CVB Financial
Downgrade$26.00$18.00 ➝ $19.00Market Perform ➝ UnderperformLow
3/30/2020
CBU
Community Bank System
Downgrade$62.00 $65.00Outperform ➝ Market PerformMedium
3/3/2020
PFHD
Professional
Initiated Coverage$26.00 $21.50OutperformLow
3/2/2020
CBU
Community Bank System
Upgrade$62.00$72.00 ➝ $70.00Market Perform ➝ OutperformHigh
2/13/2020
EBMT
Eagle Bancorp Montana
Initiated Coverage$18.00 $25.50OutperformMedium
2/6/2020
EVBN
Evans Bancorp
Upgrade$37.00$41.00 ➝ $43.00Market Perform ➝ OutperformN/A
2/5/2020
MCBS
MetroCity Bankshares
Downgrade$20.00 $17.00Outperform ➝ Market PerformLow
1/29/2020
SBNY
Signature Bank
Downgrade$155.00 $161.00Outperform ➝ Market PerformMedium
1/14/2020
INBK
First Internet Bancorp
Upgrade$35.00 $29.00Market Perform ➝ OutperformLow
12/16/2019
UCBI
United Community Banks
Downgrade$34.00 $33.00Outperform ➝ Market PerformLow
12/11/2019
IBTX
Independent Bank Group
Downgrade$64.00Outperform ➝ HoldMedium
12/11/2019
PB
Prosperity Bancshares
Downgrade$68.00Market Perform ➝ UnderperformLow
11/20/2019
SBNY
Signature Bank
Upgrade$155.00 $140.00Market Perform ➝ OutperformLow
10/29/2019
MCBS
MetroCity Bankshares
Initiated Coverage$20.00 $18.00OutperformLow