Equity Bancshares rises after Stephens upgrades to 'overweight' on growth prospects
** Shares of community bank Equity Bancshares EQBK.N rise 2% to $42.24
** Stephens upgrades rating on EQBK to "overweight" from "equal-weight"; raises PT to $46 from $42, an 11% upside to stock's last close
** Brokerage says EQBK's financial performance in recent quarters has not disappointed relative to expectations or lagged peers
** Expect to see an acceleration in balance sheet and fee income growth given EQBK's internal actions over the last year to boost client calling efforts, Stephens says
** Brokerage anticipates EQBK's management will continue to look for additional acquisition targets
** Three of five brokerages rate the stock "buy" or higher and two "hold"; median PT is $46 - LSEG data
** As of last close, EQBK shares up 22.2% YTD
Reporting by Arasu Kannagi Basil in Bengaluru
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