Glacier Bancorp price target lowered to $50 from $52 at Piper Sandler

Piper Sandler analyst Matthew Clark lowered the firm’s price target on Glacier Bancorp (GBCI) to $50 from $52 and keeps a Neutral rating on the shares following quarterly results. The firm trimmed its 2025 / 2026 / 2027 EPS estimates to $2.03 / $2.97 / $3.30 from $2.11 / $3.05 / $3.45 based on higher NIE, LLP, a less favorable tax rate and despite better net interest income.