DA Davidson analyst Jeff Rulis has revised the price target for National Bank Holdings Corporation (NBHC, Financial), lowering it from $46 to $42. Despite this adjustment, the analyst maintains a Buy rating on the stock.
The firm has also adjusted its earnings per share (EPS) expectations for the bank, citing a decrease in their modeled EPS from $3.35 to $3.20 for 2025 and from $3.65 to $3.50 for 2026. This change is primarily due to an earlier negative variance observed in the first quarter, as well as a downturn in net interest income expectations.
