macro

DA Davidson lifts price targets on two regional banks

DA Davidson raised its target for Business First Bancshares to $39 and for Community West Bancshares to $31, Dow Jones Newswires reported.

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what happened

DA Davidson raised its price target on Business First Bancshares (BFST) to $39 from $35. Dow Jones Newswires reported the change on October 27 at 16:45 GMT, citing ratings data from Benzinga.

At 16:57 GMT the same firm lifted its target on Community West Bancshares (CWBC) to $31 from $29 and kept its Buy rating. Both decisions came from one brokerage on the same day.

why it matters

Single brokerage target changes usually affect only the named stocks and say little about the wider market. Investors often read them alongside earnings reports and company guidance when judging regional bank shares.

tags

instruments

BFSTCWBC

sources

  1. Business First Bancshares Price Target Raised to $39.00/Share From $35.00 by DA Davidson — Dow Jones Newswires, 27 October 2026 at 16:45 UTC
  2. Community West Bancshares Price Target Raised to $31.00/Share From $29.00 by DA Davidson — Dow Jones Newswires, 27 October 2026 at 16:57 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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