First Interstate BancSys (FIBK, Financial) has attracted attention as Wells Fargo's analyst Timur Braziler issued a notable update on the stock. On July 10, 2025, the financial services company maintained its "Underweight" rating for FIBK. This decision underscores the investment firm's cautious stance on the stock's future performance.
In a move capturing investors' interest, Wells Fargo raised the price target for First Interstate BancSys (FIBK, Financial) from $25.00 to $28.00 USD. This adjustment represents a 12% increase, indicating a reassessment of the stock's valuation despite the unchanged rating.
While the "Underweight" rating remains consistent with previous assessments, the updated price target suggests a more favorable outlook for First Interstate BancSys (FIBK, Financial) in the coming period. Investors will be keen to observe how this aligns with FIBK's market performance and future developments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for First Interstate BancSystem Inc (FIBK, Financial) is $31.00 with a high estimate of $38.00 and a low estimate of $25.00. The average target implies an downside of 0.39% from the current price of $31.12. More detailed estimate data can be found on the First Interstate BancSystem Inc (FIBK) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, First Interstate BancSystem Inc's (FIBK, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" 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 Interstate BancSystem Inc (FIBK, Financial) in one year is $30.21, suggesting a downside of 2.92% from the current price of $31.12. 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 Interstate BancSystem Inc (FIBK) Summary page.
