Bank of Marin price target raised to $30.50 from $29 at Piper Sandler

Piper Sandler raised the firm’s price target on Bank of Marin (BMRC) to $30.50 from $29 and keeps a Neutral rating on the shares following quarterly results. The firm is raising its 2026 / 2027 EPS estimates to $2.43 / $2.55 from $2.36 / $2.50 based on a stronger net interest income outlook given a higher AEA base following Q4 results.