Piper Sandler lowered the firm’s price target on Isabella Bank (ISBA) to $47 from $54 and keeps a Neutral rating on the shares. Following 1.5 weeks of Q1 earnings season, results across the firm’s Midwest coverage have been broadly constructive with 5% median EPS upside and Piper’s estimates generally moving slightly higher.
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Read More on ISBA:
- Isabella Bank reports Q1 EPS 68c vs. 53c last year
- Isabella Bank files $75M mixed securities shelf
- Isabella Bank Corporation (ISBA) Q1 Earnings Cheat Sheet
- Isabella Bank Announces Board Member Jae Evans Resignation
- Isabella Bank Warns Future Stock Issuances Could Dilute Shareholders and Pressure Share Price
