Piper Sandler lowered the firm’s price target on First Mid Bancshares to $38 from $39 and keeps an Overweight rating on the shares. The firm notes First Mid Bancshares posted solid Q1 results highlighted by 4% PPNR upside driven by stronger net interest income growth and continued well-controlled operating expenses.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FMBH: