Piper Sandler analyst Andrew Liesch lowered the firm’s price target on Enterprise Financial (EFSC) to $60 from $65 and keeps an Overweight rating on the shares following quarterly results. The firm says its most notable model changes are a stronger margin forecast, slightly higher fee income, and a larger expense base. Piper is also incorporating the First Interstate branch deal into its model, which is roughly 5% accretive to its 2026 EPS estimate, with a chance for more depending on the pace of loan growth.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EFSC:
- Enterprise Financial price target lowered to $66 from $69 at Keefe Bruyette
- Enterprise Financial Services Reports Strong Q1 2025 Results
- Enterprise Financial Services Announces Leadership Transition
- Enterprise signs purchase and assumption pact with First Interstate
- Enterprise Financial reports Q1 EPS $1.31, consensus $1.17
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue