Piper Sandler analyst Andrew Liesch raised the firm’s price target on First Financial Northwest to $23.50 from $14 and keeps a Neutral rating on the shares after the company announced it will be acquired by Anchorage. After taking into consideration certain adjustments ahead of the completion of the deal, First Financial expects the per share value to be in the $23.18 – $23.75 range, the analyst tells investors in a research note.
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