Hanover Bancorp price target lowered to $26.50 from $27 at Piper Sandler

Piper Sandler lowered the firm’s price target on Hanover Bancorp (HNVR) to $26.50 from $27 and keeps an Overweight rating on the shares. While the quarterly results were not ideal by any means, any outsized weakness in the company’s stock price should be viewed as an attractive entry point for investors, the firm argues.