DA Davidson raised the firm’s price target on Fulton Financial (FULT) to $22 from $21 and keeps a Neutral rating on the shares. The company’s Q4 earnings topped consensus on stronger net interest income, fee income, and operating expense, though its results also profiled an “expected” contraction in net interest margin, the analyst tells investors in a research note.
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Read More on FULT:
- Fulton Financial price target raised to $24 from $23 at Keefe Bruyette
- Fulton Financial Reports Strong 2024 Earnings Performance
- Fulton Financial sees FY25 net interest income $995M-$1.02B
- Fulton Financial reports Q4 operating EPS 48c, consensus 42c
- FULT Earnings Report this Week: Is It a Buy, Ahead of Earnings?