Amerant Bancorp price target raised to $25 from $22 at Piper Sandler

Piper Sandler raised the firm’s price target on Amerant Bancorp (AMTB) to $25 from $22 and keeps an Overweight rating on the shares. The firm notes a spike in NPLs and several non-GAAP charges impeded Q4 2025 results. The hope is that these steps backward allow the bank to finally move consistently forwards, and past what has been a very bumpy path over the last few years, Piper adds.