Piper Sandler lowered the firm’s price target on Private Bancorp of America (PBAM) to $68 from $78 and keeps an Overweight rating on the shares following quarterly results. The firm is raising its 2025 EPS estimate to $7.10 from $6.80 on lower NIE and LLP, and trimming its 2026 to $6.80 from $7.05 on a weaker net interest margin and loan growth.
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