Raymond James Reiterates Outperform Rating on Alerus Financial Corporation (ALRS)

Market Context

Alerus Financial Corporation operates in the Financial Services sector. The stock currently trades at $30.96 with a market capitalization of $605.5M.

Analyst coverage from Raymond James provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Alerus Financial Corporation.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Alerus Financial Corporation

Among the 10 most recent ratings: 2 Buy, 8 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 09, 2026	Raymond James	Outperform	N/A
Jun 26, 2026	Piper Sandler	Neutral	N/A
May 01, 2026	Piper Sandler	Neutral	N/A
May 01, 2026	DA Davidson	Neutral	N/A
May 01, 2026	Keefe, Bruyette & Woods	Market Perform	N/A

Related Tools: Analyst Ratings Dashboard | View ALRS Stock Page