Raymond James analyst Daniel Tamayo has recently updated his outlook on First Busey (BUSE, Financial) by maintaining an "Outperform" rating while raising the price target. The adjusted price target is now set at $27.00 USD, up from the prior price target of $25.00 USD. This change reflects an 8% increase in the projected price target.
The revision in price target was announced on July 8th, 2025, indicating renewed confidence in the company's potential growth prospects. Despite the maintained "Outperform" rating, the increase in valuation suggests the analyst anticipates a positive trajectory for First Busey (BUSE, Financial) in the upcoming periods.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for First Busey Corp (BUSE, Financial) is $26.57 with a high estimate of $30.00 and a low estimate of $23.00. The average target implies an upside of 8.63% from the current price of $24.46. More detailed estimate data can be found on the First Busey Corp (BUSE) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, First Busey Corp's (BUSE, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for First Busey Corp (BUSE, Financial) in one year is $34.52, suggesting a upside of 41.13% from the current price of $24.46. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the First Busey Corp (BUSE) Summary page.
