Piper Sandler last night downgraded FB Financial (FBK) to Neutral from Overweight with a price target of $65, up from $63. The company reported solid Q4 results with management sentiment around 2026 trends “highly encouraging,” the analyst tells investors in a research note. Piper continues to believe that FB will be a “multi-year winner” within its markets, but says the current share price largely recognizes this upside today.
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