Northpointe price target raised to $17.50 from $16.50 at Piper Sandler

Piper Sandler analyst Crispin Love raised the firm’s price target on Northpointe (NPB) to $17.50 from $16.50 and keeps an Overweight rating on the shares. The firm notes Northpointe posted solid results in its second quarter as a public company following its IPO earlier this year and the company continues to exhibit strong growth in its warehouse lending portfolio.