Westamerica price target lowered to $50 from $51 at Piper Sandler

Piper Sandler analyst Andrew Liesch lowered the firm’s price target on Westamerica to $50 from $51 and keeps a Neutral rating on the shares. Westamerica reported Q1 EPS of $1.37, which matched the Street consensus but was 2c shy of the firm’s forecast, the analyst tells investors in a research note.