First Busey Corporation ( NASDAQ:BUSE – Get Free Report ) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $31.00.
Several brokerages recently weighed in on BUSE. Keefe, Bruyette & Woods boosted their price objective on First Busey from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Piper Sandler cut First Busey from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $35.00 to $30.00 in a research note on Friday, October 2nd. DA Davidson increased their target price on First Busey from $30.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of First Busey in a research report on Friday, August 7th. Finally, Raymond James Financial lifted their target price on First Busey from $28.00 ...