First Bancorp (FBNC) news

First Industrial Realty Trust, Inc.: Jefferies cuts target price to $67 from $73

Jefferies & Co. has revised its price target for First Industrial Realty Trust, Inc. (FIR), lowering it to $67 per share from a previous target of $73, according to a recent report. The adjustment reflects a reassessment of the company’s near-term outlook and market conditions. Despite the reduced…

First Bancorp (North Carolina): Raymond James cuts to outperform from strong buy; cuts target price to $71 from $72

Raymond James has revised its rating for First Bancorp (NASDAQ: FBCP), downgrading the stock from "strong buy" to "outperform," while simultaneously lowering its price target to $71 from $72. The adjustment reflects a recalibration of the firm's outlook based on recent market dynamics and…

First Bancorp (North Carolina): KBW raises target price to $70 from $67

Keefe, Bruyette & Woods (KBW) has raised its price target for First Bancorp (NASDAQ:FBNC) to $53 from $50, maintaining its Outperform rating on the stock. The adjustment follows the company’s strong second-quarter 2025 performance, which surpassed both KBW and consensus expectations. Key drivers…

Piper Sandler raises target price to $30 from $25 for First Bancorp

Piper Sandler has increased its target price for First Bancorp (NASDAQ: FBC) to $30 from $25, reflecting a more optimistic outlook for the company’s near-term performance [1]. The adjustment follows recent positive developments in the company’s financial results and strategic initiatives. The…

First Bancorp (North Carolina) - Carolina shareholders to receive 1.97 mln First Bancorp shares and $40 mln cash