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Orange County Bancorp price target lowered to $29 from $30 at Piper Sandler

Piper Sandler lowered the firm’s price target on Orange County Bancorp (OBT) to $29 from $30 and keeps an Overweight rating on the shares following quarterly results. Given the EPS miss and a decent increase in NPLs, the firm would expects the stock to slightly underperform.

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