Recent Investment Analysts’ Ratings Changes for Alerus Financial (ALRS)

Alerus Financial (NASDAQ: ALRS) has recently received a number of price target changes and ratings updates:

• 8/17/2026 – Alerus Financial was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 8/3/2026 – Alerus Financial had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/3/2026 – Alerus Financial had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $37.00 price target on the stock.
• 8/1/2026 – Alerus Financial was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/31/2026 – Alerus Financial was given a new $36.00 price target by DA Davidson.
• 7/31/2026 – Alerus Financial had its price target raised by Piper Sandler from $32.00 to $37.00. They now have a “neutral” rating on the stock.
• 7/31/2026 – Alerus Financial had its price target raised by Keefe, Bruyette & Woods from $29.00 to $32.00. They now have a “market perform” rating on the stock.
• 7/9/2026 – Alerus Financial is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $34.00 price target on the stock.
• 7/9/2026 – Alerus Financial is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $34.00 price target on the stock.
• 7/9/2026 – Alerus Financial is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $34.00 price target on the stock.
• 6/26/2026 – Alerus Financial had its price target raised by Piper Sandler from $28.50 to $32.00. They now have a “neutral” rating on the stock.

Alerus Financial Corporation (NASDAQ: ALRS) is a diversified financial services company headquartered in Grand Forks, North Dakota. The firm provides a full range of commercial and consumer banking products, including deposit accounts, lending solutions and treasury management services for individuals, small businesses and larger corporate clients. Through its community banking network, Alerus emphasizes local decision-making and personalized service to meet the needs of its varied client base.

In addition to traditional banking offerings, Alerus operates a national mortgage origination and servicing platform that delivers home purchase and refinance loans.