Byline Bancorp price target lowered to $25 from $29 at Piper Sandler

Piper Sandler analyst Nathan Race lowered the firm’s price target on Byline Bancorp to $25 from $29 and keeps an Overweight rating on the shares following the "strong" Q1 results. The firm anticipates outperformance this year from Byline’s "more durable and likely above average" organic balance sheet growth outlook largely via share gains.