TriCo Bancshares price target raised to $54 from $51 at DA Davidson

Core Viewpoint - DA Davidson has raised the price target for TriCo Bancshares (TCBK) to $54 from $51 while maintaining a Neutral rating on the shares, indicating positive momentum for the company into 2026 due to increased loan production and improved margins [1] Group 1 - The firm noted significant improvements in Q4, particularly in loan production and margin enhancement, which are expected to contribute to future growth [1] - TriCo Bancshares' credit quality remains strong, suggesting a stable financial position for the bank [1] - Expense control measures were evident in 2025, indicating effective management practices within the company [1]