Piper Sandler raised the firm’s price target on Heartland Financial to $43 from $40 due to higher peer multiples, while keeping an Overweight rating on the shares. The firm notes that Heartland reported a Q4 core EPS miss but announced its next phase of business initiatives, dubbed HTLF 3.0, which is designed to improve revenue growth, efficiency and capital allocation.
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Read More on HTLF:
- Heartland Financial Releases Investor Presentation Update
- Heartland Financial USA, Inc. (“HTLF”) Reports Annual Earnings and Fourth Quarter Results as of December 31, 2023
- HTLF Upcoming Earnings Report: What to Expect?
- Heartland Financial Announces Dividends for Stockholders
- Heartland Financial USA, Inc. (“HTLF”) Announces Common Stock and Series E Preferred Stock Dividends
