Unity Bancorp price target raised to $44 from $40 at Piper Sandler

Piper Sandler raised the firm’s price target on Unity Bancorp to $44 from $40 and keeps an Overweight rating on the shares following a “very impressive” quarter. The $1.04 core number handily beat the firm’s and consensus, and, in Piper’s view, there wasn’t much at all to not like in looking at results.