LINKBANCORP beats Q4 adjusted net income expectations
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LINKBANCORP reported Q4 adjusted net income that exceeded analyst expectations, although overall net income declined due to increased provision expenses. The company announced a strategic merger with Burke & Herbert, aiming for organic growth and enhanced client service in 2026. Analysts currently rate the stock as a 'hold,' with a median 12-month price target of $9.13, reflecting a 6.1% increase from its recent closing price of $8.60. The stock is trading at a P/E of 9, up from 8 three months ago.
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