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.
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