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These Analysts Revise Their Forecasts On First Busey Following Q2 Results

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These Analysts Revise Their Forecasts On First Busey Following Q2 Results

First Busey Corporation (NASDAQ:BUSE) reported better-than-expected second-quarter earnings after the closing bell on Tuesday.

First Busey posted quarterly earnings of 63 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $198.046 million which beat the analyst consensus estimate of $193.508 million.

First Busey shares fell 0.8% to trade at $23.50 on Thursday.

These analysts made changes to their price targets on First Busey following earnings announcement.

  • DA Davidson analyst Jeff Rulis maintained First Busey with a Neutral and raised the price target from $23 to $26.
  • Keefe, Bruyette & Woods analyst Damon Delmonte maintained First Busey with an Outperform rating and lowered the price target from $30 to $29.

Considering buying BUSE stock? Here’s what analysts think:

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Latest Ratings for BUSE

DateFirmActionFromTo
Jan 2022Raymond JamesUpgradesMarket PerformOutperform
Dec 2021B. Riley SecuritiesMaintainsNeutral
Apr 2020B. Riley SecuritiesMaintainsNeutral

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View the Latest Analyst Ratings

 

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