Kearny Financial price target raised to $9 from $7.50 at Piper Sandler

Piper Sandler raised the firm’s price target on Kearny Financial (KRNY) to $9 from $7.50 and keeps an Overweight rating on the shares. The firm would consider Kearny to be one of the more liability-sensitive banks in its coverage space and expects the net interest margin to steadily rise across 2026 as liabilities reprice downward and asset yields remain a bit sticky. Piper views the balance sheet as ultra conservative. Lastly, the firm sees the dividend as attractive and sustainable.