Glacier Bancorp Initiates Coverage at Janney Montgomery Scott

Brokerage firm sets 'neutral' rating and $55 price target on bank's stock.

Published on Feb. 12, 2026

Janney Montgomery Scott has initiated coverage on shares of Glacier Bancorp (NASDAQ:GBCI), setting a 'neutral' rating and a $55.00 price target on the bank's stock. The price target indicates a potential upside of 6.36% from the company's previous close.

Why it matters

Glacier Bancorp is a regional bank holding company with a presence across the western United States. Analyst coverage initiations can provide insights into how the investment community views the company's prospects and valuation.

The details

In its report, Janney Montgomery Scott set a 'neutral' rating and a $55.00 price target on Glacier Bancorp's stock. Several other equity research analysts have also recently weighed in on the company, with Piper Sandler upgrading the stock to 'overweight' and raising the price target to $58.00, while Keefe, Bruyette & Woods maintained an 'underperform' rating.

  • Janney Montgomery Scott issued its report on Tuesday, February 12, 2026.

The players

Janney Montgomery Scott

A brokerage firm that has initiated coverage on shares of Glacier Bancorp.

Glacier Bancorp (NASDAQ:GBCI)

A bank holding company headquartered in Kalispell, Montana, serving communities across the western United States through its primary banking subsidiary, Glacier Bank.

Piper Sandler

An equity research firm that has upgraded Glacier Bancorp's stock to 'overweight' and raised the price target to $58.00.

Keefe, Bruyette & Woods

An equity research firm that has maintained an 'underperform' rating on Glacier Bancorp's stock.

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The takeaway

The initiation of coverage by Janney Montgomery Scott on Glacier Bancorp provides investors with an additional data point to consider when evaluating the regional bank's prospects. The 'neutral' rating and $55 price target suggest the brokerage firm sees limited upside in the stock at current levels, though other analysts have more bullish views on the company's outlook.