As previously reported, Piper Sandler upgraded Origin Bancorp (OBK) to Overweight from Neutral with an unchanged price target of $42 after Q1 results that the analyst found “encouraging.” With the shares currently trading at just under tangible book value per share and the firm’s forward estimates moving higher on better net interest margin trends, the analyst sees a “very attractive risk/reward dynamic.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OBK:
- Origin Bancorp upgraded to Overweight from Neutral at Piper Sandler
- Origin Bancorp reports Q1 diluted EPS 71c, consensus 69c
- Origin Bancorp, Inc. (OBK) Q1 Earnings Cheat Sheet
- Origin Bancorp to Announce Q1 2025 Financial Results
- Origin Bancorp downgraded to Outperform from Strong Buy at Raymond James