First Financial Bancorp assumed with an Overweight at Piper Sandler

Piper Sandler assumed coverage of First Financial Bancorp with an Overweight rating and $26 price target. The analyst assumed coverage of six Ohio based banks. The firm sees an attractive economic backdrop in Ohio and an active merger and acquisition scene. First Financial Bancorp and are two that Piper views as most attractively valued versus their near term profitability profile.