Piper Sandler analyst Justin Crowley raised the firm’s price target on Amalgamated Financial (AMAL) to $44 from $41 and keeps a Neutral rating on the shares. The firm notes the company’s deposit growth shined and PPNR results looked better across the board though credit noise captured attention in Q1, and shares underperformed as a result.
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Read More on AMAL:
- Amalgamated Financial price target raised to $48 from $43 at Keefe Bruyette
- Amalgamated Bank Earnings Call Highlights Growth, Credit Hit
- Amalgamated Bank Reports Q1 2026 Results Amid Credit Issue
- Amalgamated Financial reports Q1 core EPS 80c vs. 99c last quarter
- Amalgamated Bank Board Declares Regular Quarterly Cash Dividend
