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Amalgamated Financial price target raised to $44 from $41 at Piper Sandler

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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