BUZZ-Raymond James cuts WesBanco PT on Premier Financial acquisition closing delays

Reuters
2025/04/02
BUZZ-Raymond James cuts WesBanco PT on Premier Financial acquisition closing delays

** 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; ))

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