Simmons First National price target lowered to $25 from $26 at Keefe Bruyette

Keefe Bruyette lowered its price target on Simmons First National (SFNC) to $25 from $26, while keeping an Outperform rating. The firm said it adjusted its model following the company’s Q3 report. The update suggests expectations for the bank’s performance have been revised modestly lower, despite the continued positive view of the stock’s prospects. No other rating or target changes were mentioned beyond the shift to $25. The note was published first on TheFly as part of its real-time coverage of market-moving developments.