Bank Target Revisions
Brokerage Firms Present Mixed Price Target Revisions for Regional Banks, Featuring DA Davidson's Bullish Stance
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Key Points
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Ameris Bancorp is the sole stock in this batch with a reduced price target (down to 92) under Piper Sandler, while the other banks in the set show higher targets, highlighting a mixed move within these updates.
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DA Davidson is the Buy-rated broker for four regional banks in these articles (Eastern Bankshares, Customers Bancorp, Civista Bancshares, and Ameris Bancorp), and all four have had price targets raised by varying amounts, signaling a broad bullish stance on regional lenders.
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All five updates originate from Benzinga Pro and were published around July 26–27, 2026, reflecting a concentrated burst of broker coverage on regional banks.
A wave of brokerage updates hit regional banks on July 26–27, 2026, with DA Davidson leading the charge by raising price targets on four lenders while keeping a Buy rating on each, according to Benzinga and GuruFocus. The lone outlier was Piper Sandler, which cut its target on Ameris Bancorp to $92 — the only price target reduction in the entire batch.
The updates covered five regional banks in a short window, painting a broadly bullish picture for the sector — with one notable exception from a competing broker.
DA Davidson Raises Targets Across Four Regional Banks
DA Davidson lifted price targets on four regional banks in quick succession. It raised Eastern Bankshares from $24 to $25, a 4% bump, according to GuruFocus. Customers Bancorp got a bigger boost — from $98 to $100. Civista Bancshares saw its target climb by $33. Ameris Bancorp was added back to DA Davidson's coverage with a fresh Buy rating and a $100 target.
All four moves carried the same signal: DA Davidson sees regional banks as a solid bet right now. The broker kept its Buy rating on every name it touched. That kind of consistency across four separate stocks in one short burst is a strong show of confidence in the sector.
Piper Sandler Cuts Ameris Target to $92
Not everyone is bullish on Ameris. Piper Sandler held its Neutral rating on the stock and trimmed its price target to $92, according to Benzinga. That makes Ameris the only bank in this batch to see a lower target — and from a different broker than the ones raising numbers.
Ameris trades on the NYSE under the ticker ABCB. Piper Sandler's Neutral rating means the firm does not expect the stock to outperform. Combined with a reduced target, that is a clear sign of caution — even as DA Davidson moves in the opposite direction on the same stock.
Ameris Gets Two Very Different Opinions at Once
Ameris Bancorp is the most interesting story in this batch. On one side, Piper Sandler holds a Neutral and cuts the target to $92. On the other, DA Davidson restarts coverage with a Buy and sets a $100 target. That is an $8 gap between two brokers looking at the same stock at the same time.
Split broker opinions like this give investors a clear choice: trust the cautious view or the bullish one. The DA Davidson target of $100 implies more upside from current levels. The Piper Sandler target of $92 suggests the stock is closer to fair value. Investors will have to pick a side.
What the Burst of Coverage Signals for Regional Banks
Five rating updates in roughly 24 hours is not random. Brokers often cluster updates around earnings season or after key economic data drops. This batch, published July 26–27, 2026, points to a moment when analysts took a fresh look at regional lenders all at once, according to Benzinga.
The overall tone leans positive. Four out of five updates included higher price targets. Three of the four DA Davidson targets landed at $25, $100, or higher. Regional banks as a group appear to be getting more attention — and mostly favorable treatment — from Wall Street analysts heading into the second half of 2026.
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