WesBanco price target raised to $45 from $44 at DA Davidson

DA Davidson raised the firm’s price target on WesBanco (WSBC) to $45 from $44. The company’s Q4 results profiled a pre-provision net revenue beat, net interest margin expansion, and strong loan and deposit growth with a FY25 outlook for strong growth and net interest margin expansion, the analyst tells investors in a research note. There is also upside to EPS estimates from the potential of a post-deal securities restructuring, the firm added.