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Home Bancorp downgraded to Neutral from Overweight at Piper Sandler

Piper Sandler downgraded Home Bancorp (HBCP) to Neutral from Overweight with an unchanged price target of $69. The company reported solid Q1 results but the lack of loan growth continues to diminish projected earnings growth in 2026 and 2027, the analyst tells investors in a research note. Piper believes the stock’s recent rally reduces the upside potential going forward.

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