Financial firms upgraded FSFG to "strong-buy," while FIBK's rating stayed at "hold" despite a shareholder's sale.
Several financial firms upgraded the ratings for First Savings Financial Group (FSFG) and First Interstate BancSystem (FIBK), with price target adjustments. FSFG saw upgrades to "strong-buy" and "overweight," while FIBK received a "hold" rating. FIBK's stock dropped slightly to $33.74, and the company announced a dividend of $0.47 per share. Notably, a major shareholder of FIBK sold shares, reducing her ownership slightly. First Financial Bankshares (FFIN) hit a 52-week high of $43.57, with brokerages raising their target prices.
November 12, 2024
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