First Savings Financial Group price target raised to $31 from $27.50 at Piper Sandler

Piper Sandler analyst Nathan Race raised the firm’s price target on First Savings Financial Group (FSFG) to $31 from $27.50 and keeps an Overweight rating on the shares. The firm notes Q4 results were solid given a 4% PPNR beat driven by stronger net interest income with net interest margin expansion and well-managed operating expenses.