QCR Holdings price target raised to $108 from $105 at Piper Sandler

Piper Sandler raised the firm’s price target on QCR Holdings (QCRH) to $108 from $105 and keeps an Overweight rating on the shares. The firm reiterates QCR as its top pick for this year as it is likely to continue to outperform and generate upside to estimates partially via its above average, high-quality organic balance sheet growth outlook, additional net interest margin expansion and differentiated LIHTC business.