Origin Bancorp price target raised to $38 from $37 at Stephens

Stephens raised the firm’s price target on Origin Bancorp (OBK) to $38 from $37 and keeps an Overweight rating on the shares. Q3 results were highlighted by cost controls and “solid” core loan yield expansion, says the analyst, who expects the bank’s profitability to trough in Q4 and is “optimistic” management’s commentary on the January earnings call will “highlight a path to peer profitability in the intermediate term and top quartile profitability in the longer-term.”