First Hawaiian price target raised to $28 from $27 at Piper Sandler

Piper Sandler raised the firm’s price target on First Hawaiian (FHB) to $28 from $27 and keeps a Neutral rating on the shares following quarterly results. The firm is increasing its 2025-2027 EPS to $2.21 / $2.31 / $2.40 from $2.09 / $2.09 / $2.20 based on higher net interest income, better fees and lower NIE.