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First Commonwealth price target raised to $17 from $14 at Piper Sandler

Piper Sandler raised the firm’s price target on First Commonwealth to $17 from $14 and keeps a Neutral rating on the shares. The firm notes the company reported Q2 EPS of 36c, which it also pegs as core. The result came in 2c ahead of its estimate and a penny ahead of consensus.

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