Piper Sandler raised the firm’s price target on German American Bancorp (GABC) to $44 from $42 and keeps a Neutral rating on the shares. The firm notes the company’s Q2 results were again strong given 7% PPNR upside via greater wealth management and card revenue as well as continued solid cost controls.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GABC: