OceanFirst Financial added to ‘Stampede list’ at DA Davidson

DA Davidson lowered the firm’s price target on OceanFirst Financial (OCFC) to $18.50 from $19 and keeps a Neutral rating on the shares. The firm has also added the stock to its “Stampede list”, citing Portfolio Restructuring as a potential catalyst. DA Davidson sees potential upside of 10% to FY26 earnings and 39% to shares from Premier’s deposit growth / and remix, adding that it expects an update on deposit gathering team hires with the company’s April earnings, the analyst tells investors in a research note.