Keefe Bruyette raised the firm’s price target on Camden National to $41 from $40 and keeps a Market Perform rating on the shares. The firm says Camden’s all-stock deal for Northway Financial expands its footprint westward into New Hampshire, “giving it scale and exposure to attractive northern New England markets across the state.”
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Read More on CAC:
- Camden National Expands with Northway Financial Acquisition
- Camden National to merge with Northway Financial
- Camden National Corporation and Northway Financial, Inc. to Merge
- Camden National Corporation Reports Second Quarter 2024 Earnings of $12.0 Million and Diluted EPS of $0.81
- Camden National reports Q2 EPS 81c, consensus 71c
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