Northland analyst Mike Grondahl lowered the firm’s price target on Piper Sandler to $150 from $160 and keeps an Outperform rating on the shares. The firm has lowered estimates for Q1 and the fiscal year with a tougher macro backdrop continuing.
Published first on TheFly
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- Piper Sandler expands fixed income non-agency team with five hires
- Piper Sandler tapped by FDIC to relaunch sale of SVB, Reuters reports
- Piper Sandler price target raised to $160 from $135 at Northland
- Piper Sandler price target raised to $180 from $160 at JMP Securities
- Piper Sandler reports Q4 EPS $3.33, consensus $2.54
