Isabella Bank price target raised to $54 from $52 at Piper Sandler

Piper Sandler raised the firm’s price target on Isabella Bank (ISBA) to $54 from $52 and keeps a Neutral rating on the shares. The firm notes results in Q4 were again strong. Piper stays on the sidelines as it believes the company’s anticipated profitability improvement is largely reflected in shares’ current premium valuation.