As previously reported, Piper Sandler upgraded Origin Bancorp (OBK) to Overweight from Neutral with an unchanged price target of $42 after Q1 results that the analyst found “encouraging.” With the shares currently trading at just under tangible book value per share and the firm’s forward estimates moving higher on better net interest margin trends, the analyst sees a “very attractive risk/reward dynamic.”
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Read More on OBK:
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