Pacific Premier price target lowered to $26 from $31 at Piper Sandler

Piper Sandler lowered the firm’s price target on Pacific Premier to $26 from $31 and keeps an Overweight rating on the shares. The firm also lowers its 2024/2025 EPS to $1.74/$1.71 from $2.05/$2.05 based on a lower net interest margin.