Old Second Bancorp price target raised to $23 from $22 at DA Davidson

Core Viewpoint - DA Davidson raised the price target on Old Second Bancorp (OSBC) to $23 from $22 while maintaining a Neutral rating after the company's Q4 earnings exceeded expectations [1] Financial Performance - The Q4 results highlighted the impact of the Evergreen acquisition, showcasing a high net interest margin of 5.00% [1] - The company experienced higher than historical net charge-offs during the same period [1] Future Outlook - Growth is expected to increase in 2026, supported by effective cost control measures [1] - The elevated non-performing asset balance compared to peers is a concern that requires monitoring [1]