Raymond James cuts WesBanco PT on Premier Financial acquisition closing delays

Wesbanco

02/04/2025 12:20

** Brokerage Raymond James cuts PT on regional lender WesBanco WSBC.O to $38 from $44

** Cites a later-than-anticipated closing of co's Premier Financial (PFC) acquisition

    ** New PT still implies ~24% upside to stock's last close

** As of last close, WSBC stock down 5.8% YTD compared to a 4.2% decline in the S&P 500  .SPX

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com; ))