ONB Maintains Rating by TD Cowen -- Price Target Lowered to $30

gurufocus.com · 2026-10-05

Old National Bancorp (ONB) Analyst Rating Update On October 5, 2026, TD Cowen maintained a 'Buy' rating for Old National Bancorp (ONB). The firm has adjusted

TickrTrends take: TD Cowen's decision to maintain its rating while lowering the price target to $30 suggests the analyst sees ONB as stable operationally but faces headwinds that justify a reduced valuation estimate. Against TickrTrends' assessment of fair valuation, this analyst action indicates the market should monitor whether ONB's fundamentals can support current price levels or whether further compression toward the $30 target may occur. For valuation-focused investors, the maintained rating paired with a lower target warrants attention to ONB's upcoming earnings reports and how the Financial Services sector performs in the near term.

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