Private Bancorp of America price target lowered to $73 from $77 at Piper Sandler

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.