Isabella Bank price target raised to $38.50 from $34 at Piper Sandler

Piper Sandler analyst Nathan Race raised the firm’s price target on Isabella Bank (ISBA) to $38.50 from $34 and keeps a Neutral rating on the shares. The firm is increasingly positive on Isabella Bank following very strong Q3 results that included 7% PPNR upside driven by stronger net interest income with double digits growth on both balance sheet sides.