UPDATE: DA Davidson Initiates QCR Holdings, Peer Group Expected to Diminish

In a report published Tuesday, D.A. Davidson & Co. analyst Stephen Geyen initiated coverage on QCR holdings, Inc. (NASDAQ: QCRH ) with a Buy rating and $21.00 target. According to the report, “QCRH shares trade at a significant discount based on estimated 2015 EPS versus SNL Small-Cap peers. As the