FVCBankcorp price target raised to $18 from $16 at Piper Sandler

Piper Sandler raised the firm’s price target on FVCBankcorp (FVCB) to $18 from $16 and keeps an Overweight rating on the shares. Overall, the firm thought Q4 earnings marked another solid result for FVC, and included trends that largely improved across the board with a core ROA that held at the 1% level.