Piper Sandler raised the firm’s price target on USCB Financial (USCB) to $23 from $22 and keeps an Overweight rating on the shares. The firm notes that on Friday of last week, USCB disclosed that it repurchased 2M shares of its stock at $17.19/share from certain institutional shareholders, including Patriot Financial. The $34.4M total utilizes much of the $40M gross sub-debt that was issued back on 8/14/25. In combination for these two actions, Piper is increasing its estimates to $1.69/$2.04 in 2025/2026, up from $1.64/$1.96.
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