Park National price target raised to $188 from $183 at Piper Sandler

Piper Sandler raised the firm’s price target on Park National (PRK) to $188 from $183 and keeps a Neutral rating on the shares. Following 1.5 weeks of Q1 earnings season, results across the firm’s Midwest coverage have been broadly constructive with 5% median EPS upside and Piper’s estimates generally moving slightly higher.