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.
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 HBCP:
