Piper Sandler raised the firm’s price target on First Western Financial to $20 from $18 and keeps a Neutral rating on the shares. The firm lowered its 2024 EPS to $1.00 from $1.25 based on reported results and maintained its 2025 EPS $1.65 as weaker fees and net interest income is offset by lower NIE and LLPs.
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Read More on MYFW:
- First Western Financial Q2 2024 Earnings Call Scheduled
- First Western Financial reports Q2 EPS 26c, consensus 30c
- First Western Financial (MYFW) Q2 Earnings Cheat Sheet
- First Western Financial, Inc. to Report Second Quarter 2024 Financial Results on Tuesday, July 23
- First Western Financial announces stock repurchase program up to 200,000 shares
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