Piper Sandler analyst Adam Butler assumed coverage of Farmers National Banc (FMNB) with a Neutral rating and $17 price target The firm views Farmers’ deposit profile as above average given its rural focus and believes the bank is well positioned for net interest margin expansion through 2025 due to its liability sensitive balance sheet. Piper’s Neutral rating is primarily attributable to valuation.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FMNB: