Wall Street Zen Upgrades First Interstate BancSystem Stock

Research firm moves FIBK rating from sell to hold, citing recent price target increases from other analysts.

Published on Feb. 10, 2026

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Wall Street Zen upgraded shares of First Interstate BancSystem (NASDAQ:FIBK) from a sell rating to a hold rating in a research note published on Saturday. The financial services company has been the subject of several other research reports in recent weeks, with Piper Sandler and DA Davidson both increasing their price targets on FIBK stock.

Why it matters

First Interstate BancSystem is a major regional bank holding company based in Billings, Montana, with a significant presence across the Western United States. The stock's rating changes and price target adjustments by Wall Street analysts provide insight into how the market views the company's performance and growth prospects.

The details

In their research note, Wall Street Zen cited the recent price target increases from other firms like Piper Sandler, which raised its target from $41 to $44, and DA Davidson, which reaffirmed a buy rating and $42 price target. However, Stephens did downgrade the stock from overweight to equal weight. Overall, the consensus rating is Hold with an average price target of $38.17.

  • Wall Street Zen published its research note on Saturday, February 10, 2026.
  • Piper Sandler increased its price target on February 2, 2026.
  • Keefe, Bruyette & Woods lifted its price target on December 17, 2025.
  • Stephens downgraded the stock on February 5, 2026.
  • First Interstate BancSystem reported Q4 2025 earnings on January 28, 2026.

The players

Wall Street Zen

A research firm that provides investment analysis and recommendations.

First Interstate BancSystem

A bank holding company headquartered in Billings, Montana that provides a full range of commercial and consumer banking services across the Western United States.

Piper Sandler

An investment bank and financial services firm that covers First Interstate BancSystem stock.

Keefe, Bruyette & Woods

An investment bank that specializes in the financial services industry and has analyzed First Interstate BancSystem.

Stephens

An investment firm that recently downgraded First Interstate BancSystem's stock rating.

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