Home Bancorp price target raised to $40 from $38 at Piper Sandler

Piper Sandler analyst Graham Dick raised the firm’s price target on Home Bancorp to $40 from $38 and keeps an Overweight rating on the shares. Home Bancorp again reported a much better quarter than its valuation would suggest it capable of, as the bank produced a 1.52% PPNR ROA while credit remained pristine, the analyst tells investors in a research note.