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Piper Sandler price target raised to $97 from $88 at Goldman Sachs

Goldman Sachs analyst James Yaro raised the firm’s price target on Piper Sandler (PIPR) to $97 from $88 and keeps a Buy rating on the shares. Earnings estimates and price targets for investment banks were modestly adjusted based on final Dealogic data, reflecting slight increases in M&A and debt capital markets activity with equity capital markets unchanged, the analyst tells investors in a research note.

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