Plumas Bancorp price target lowered to $59 from $60 at Piper Sandler

Piper Sandler analyst Matthew Clark lowered the firm’s price target on Plumas Bancorp (PLBC) to $59 from $60 and keeps an Overweight rating on the shares. The firm is revising its 2025/2026 EPS estimates to $4.26/$5.88 from $4.19/$6.00 based on reported results, slower balance sheet growth, better NIE, lower credit costs, and lighter fees.