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Western New England Bancorp price target raised to $8.50 from $7 at Piper Sandler

Western New England Bancorp price target raised to $8.50 from $7 at Piper Sandler

Piper Sandler raised the firm’s price target on Western New England Bancorp to $8.50 from $7 and keeps a Neutral rating on the shares following the company’s earnings report. In light of the quarterly results, the firm is keeping its 2024 EPS estimate at 48c, but lowering its 2025 EPS estimate by 1c to 63c.

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