Piper Sandler last night upgraded First Foundation (FFWM) to Overweight from Neutral with a price target of $6.75, up from $6. The firm aligned First Foundation’s rating with FirstSun Capital (FSUN) using the exchange ratio tied to its pending merger that is expected to close in early Q2 of 2026.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FFWM:
- First Foundation upgraded to Overweight from Neutral at Piper Sandler
- First Foundation Inc. Reports Q3 2025 Earnings and Merger
- First Foundation Announces Merger with FirstSun Capital
- First Foundation downgraded to Neutral from Buy at DA Davidson
- First Foundation reports Q3 adjusted EPS ($1.77), consensus 2c
