Piper Sandler analyst Stephen Scouten raised the firm’s price target on Origin Bancorp (OBK) to $43 from $42 and keeps an Overweight rating on the shares. The firm notes Q3 results centered around the company’s exposure to Tricolor Holdings, with a related $29.5M LLP, $28.4M NCO, and total exposure of about $30.1M. Despite this, financial results from Q3 were positive otherwise.
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