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California BanCorp price target raised to $23 from $19 at Piper Sandler

California BanCorp price target raised to $23 from $19 at Piper Sandler

Piper Sandler analyst Nathan Race raised the firm’s price target on California BanCorp to $23 from $19 and keeps an Overweight rating on the shares. The company’s “solid” Q2 results that highlighted the “various high-quality attributes” of the bank’s franchise, the analyst tells investors in a research note.

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