Analyst firms

Hovde Group upgrades, downgrades and price targets

Hovde Group has published 479 rating actions on 150 companies in the Quantisnow ratings feed since June 2021: 61 upgrades, 62 downgrades and 77 initiations. Its most recent action on FCBM was on Nov 2, 2026: Hovde Group upgrades to Outperform from Market Perform, price target $15. Going by its latest rating on each stock, Hovde Group rates 52% of the companies it covers Buy or an equivalent and 0% Sell or an equivalent. Finance is the sector it rates most often.

Rating actions

479

Stocks rated

150

Upgrades

61

Downgrades

62

Latest Hovde Group rating actions

• Nov 2, 2026FCBM
  UpgradeFCBMHovde Group upgrades to Outperform from Market Perform, price target $15
• Oct 12, 2026THFF
  InitiateTHFFHovde Group starts coverage at Outperform, price target $85
• Oct 12, 2026CHMG
  InitiateCHMGHovde Group starts coverage at Market Perform, price target $88
• Oct 7, 2026EGBN
  InitiateEGBNHovde Group starts coverage at Outperform, price target $37
• Oct 5, 2026SMBC
  InitiateSMBCHovde Group starts coverage at Market Perform, price target $76
• Oct 5, 2026AVBC
  InitiateAVBCHovde Group starts coverage at Outperform, price target $26
• Oct 2, 2026CPF
  InitiateCPFHovde Group starts coverage at Market Perform, price target $38
• Sep 25, 2026PRK
  InitiatePRKHovde Group starts coverage at Market Perform, price target $190
• Sep 18, 2026MYFW
  ResumeMYFWHovde Group resumes coverage at Market Perform, price target $33

  Hovde Group on MYFW
• Sep 17, 2026FHN
  InitiateFHNHovde Group starts coverage at Market Perform, price target $25
• Sep 16, 2026PNFP
  ResumePNFPHovde Group resumes coverage at Outperform, price target $125

  Hovde Group on PNFP
• Sep 14, 2026BKU
  ReiterateBKUHovde Group cuts its price target to $52 from $53, keeps Outperform

  Hovde Group on BKU
• Sep 11, 2026FFIN
  InitiateFFINHovde Group starts coverage at Market Perform, price target $36

  Hovde Group on FFIN
• Sep 11, 2026BOKF
  InitiateBOKFHovde Group starts coverage at Market Perform, price target $143

  Hovde Group on BOKF
• Sep 8, 2026NRIM
  ResumeNRIMHovde Group resumes coverage at Outperform, price target $30

  Hovde Group on NRIM
• Sep 8, 2026HOMB
  ResumeHOMBHovde Group resumes coverage at Outperform, price target $34
• Sep 4, 2026EQBK
  ReiterateEQBKHovde Group raises its price target to $53 from $51, keeps Market Perform

  Hovde Group on EQBK
• Aug 27, 2026BFST
  ReiterateBFSTHovde Group raises its price target to $37 from $36, keeps Outperform

  Hovde Group on BFST
• Aug 13, 2026FCCO
  ReiterateFCCOHovde Group raises its price target to $37.50 from $36, keeps Outperform

  Hovde Group on FCCO
• Aug 12, 2026HBT
  ReiterateHBTHovde Group raises its price target to $44 from $40, keeps Outperform

  Hovde Group on HBT
• Aug 4, 2026CVNA
  ReiterateCVNAHovde Group raises its price target to $48 from $39.50, keeps Market Perform
• Aug 4, 2026PFIS
  ReiteratePFISHovde Group raises its price target to $75 from $61, keeps Market Perform

  Hovde Group on PFIS
• Jul 31, 2026OBT
  ReiterateOBTHovde Group raises its price target to $42.50 from $40, keeps Outperform

  Hovde Group on OBT
• Jul 31, 2026PFS
  ReiteratePFSHovde Group raises its price target to $28.50 from $26.50, keeps Outperform

  Hovde Group on PFS
• Jul 30, 2026SYBT
  DowngradeSYBTHovde Group downgrades to Market Perform from Outperform, price target $90

  Hovde Group on SYBT
• Jul 30, 2026FRAF
  ReiterateFRAFHovde Group raises its price target to $68 from $64, keeps Market Perform

  Hovde Group on FRAF
• Jul 30, 2026CBK
  ReiterateCBKHovde Group raises its price target to $39.50 from $34, keeps Outperform
• Jul 27, 2026BY
  ReiterateBYHovde Group raises its price target to $45 from $39, keeps Outperform

  Hovde Group on BY
• Jul 27, 2026SHBI
  ReiterateSHBIHovde Group raises its price target to $26.50 from $23.50, keeps Outperform

  Hovde Group on SHBI
• Jul 27, 2026RBCAA
  ReiterateRBCAAHovde Group raises its price target to $98 from $80, keeps Market Perform

  Hovde Group on RBCAA
• Jul 27, 2026COFS
  ReiterateCOFSHovde Group raises its price target to $35 from $32, keeps Market Perform

  Hovde Group on COFS
• Jul 27, 2026CARE
  ReiterateCAREHovde Group raises its price target to $34.50 from $30, keeps Market Perform

  Hovde Group on CARE
• Jul 27, 2026EBC
  ReiterateEBCHovde Group raises its price target to $26 from $23.50, keeps Outperform
• Jul 27, 2026USCB
  ReiterateUSCBHovde Group raises its price target to $22 from $20, keeps Market Perform

  Hovde Group on USCB
• Jul 27, 2026FRBA
  ReiterateFRBAHovde Group raises its price target to $20 from $18, keeps Outperform
• Jul 27, 2026STBA
  ReiterateSTBAHovde Group raises its price target to $54 from $47, keeps Market Perform

  Hovde Group on STBA
• Jul 27, 2026ACNB
  ReiterateACNBHovde Group raises its price target to $64 from $57, keeps Market Perform

  Hovde Group on ACNB
• Jul 27, 2026BKU
  ReiterateBKUHovde Group cuts its price target to $53 from $55, keeps Outperform

  Hovde Group on BKU
• Jul 27, 2026ORRF
  ReiterateORRFHovde Group raises its price target to $46 from $42, keeps Outperform

  Hovde Group on ORRF
• Jul 27, 2026CHCO
  ReiterateCHCOHovde Group raises its price target to $143 from $135, keeps Market Perform

  Hovde Group on CHCO

Stocks Hovde Group rates most

Every stock with three or more Hovde Group ratings (78)

• SBSI
• TRMK
• FBP
• SBCF
• FNWD
• BCML
• MOFG
• MBCN
• FBMS
• EQBK
• HBT
• PFS
• COFS
• SHBI
• USCB
• STBA
• CZWI
• HWC
• HTB
• CBAN
• PEBO
• FFBC
• FINW
• FSFG
• OFG
• WTFC
• FRME
• WSBC

Questions about Hovde Group ratings

How many stocks does Hovde Group cover?

Hovde Group has rated 150 companies in the Quantisnow feed since June 2021, across 479 rating actions.

What was Hovde Group's latest upgrade?

On Nov 2, 2026, Hovde Group upgrades to Outperform from Market Perform, price target $15 on FCBM.

What was Hovde Group's latest downgrade?

On Jul 30, 2026, Hovde Group downgrades to Market Perform from Outperform, price target $90 on SYBT.

Does Hovde Group upgrade or downgrade more often?

Hovde Group has made 61 upgrades and 62 downgrades in the feed, so 50% of its rating changes were upgrades.

Other analyst firms

• Morgan Stanley5,639
• BofA Securities4,126
• Barclays3,644
• Wells Fargo3,642
• Citigroup3,487
• Raymond James3,397
• Jefferies3,133
• Goldman Sachs3,094
• UBS2,887
• Piper Sandler2,689
• TD Cowen2,567
• RBC Capital Markets2,404
• Deutsche Bank2,227
• KeyBanc Capital Markets1,962
• Wolfe Research1,899
• BMO Capital Markets1,784
• Truist Securities1,684
• Stifel1,649
• Needham1,591
• Oppenheimer1,570
• Mizuho1,561
• Evercore ISI1,405
• Robert W. Baird1,397
• H.C. Wainwright1,228

All analyst firms

From rating actions in the Quantisnow feed since June 2021. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.