Piper Sandler lowered the firm’s price target on Private Bancorp of America (PBAM) to $73 from $77 and keeps an Overweight rating on the shares following quarterly results. The firm lowered its 2025 / 2026 EPS estimates to $6.95 / $6.95 from $7.19 / $7.00 based on a lower net interest margin and higher LLP partially offset by lower NIE.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PBAM: