Home BancShares price target lowered to $26 from $27 at Piper Sandler

Piper Sandler lowered the firm’s price target on Home BancShares to $26 from $27 and keeps an Overweight rating on the shares. CEO Allison has positioned Home BancShares to produce excellent profitability in virtually any environment while still maintaining capital and balance sheet flexibility needed to take advantage of any dislocation opportunities, the analyst tells investors in a research note.