Piper Sandler analyst Matthew Clark raised the firm’s price target on Plumas Bancorp (PLBC) to $63 from $59 and keeps an Overweight rating on the shares. The firm also raised its 2026/2027 EPS to $5.70/$6.00, respectively, based on a more resilient net interest margin partially offset by slower loan growth and higher non-interest expense.
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Read More on PLBC:
- Plumas Bancorp Issues Updated Investor Presentation and Outlook
- Plumas Bancorp reports Q1 EPS $1.38, consensus $1.28
- Plumas Bancorp price target lowered to $59 from $61 at Piper Sandler
- Plumas Bancorp Updates Restricted Stock Unit Compensation Plan
- Plumas Bancorp Adopts Indemnification Agreements for Leadership