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Blue Foundry Bancorp price target raised to $12 from $9.50 at Piper Sandler

Piper Sandler raised the firm’s price target on Blue Foundry Bancorp to $12 from $9.50 and keeps a Neutral rating on the shares following quarterly results. The firm highlights Blue Foundry Bancorp reported a Q2 loss of (11c) per share, which compared to its (19c) loss expected and consensus at (21c).

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