Piper Sandler analyst Matthew Clark lowered the firm’s price target on Glacier Bancorp (GBCI) to $54 from $57, which still reflects 18.0-turns the firm’s 2026 EPS estimate and is consistent with its historical high quality premium multiple for its unique business model, more dynamic markets, strong core deposit franchise, and ability to use small bank M&A to enhance EPS. Piper keeps a Neutral rating on the shares.
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