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Home BancShares price target raised to $35 from $34 at Piper Sandler

Piper Sandler raised the firm’s price target on Home BancShares (HOMB) to $35 from $34 and keeps an Overweight rating on the shares following a record-setting Q2. The firm notes this quarter showcased robust loan growth, solid credit quality, a stable net interest margin and efficiency ratio, and strong capital returns.

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