Piper Sandler analyst Nathan Race raised the firm’s price target on QCR Holdings to $74 from $67 and keeps an Overweight rating on the shares. The firm also reiterates QCR as a top idea for this year following impressive Q4 results that highlighted the higher multiple and more profitable nature of its unique LIHTC business line.
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Read More on QCRH:
- QCR Holdings reports Q4 adjusted EPS $1.97, consensus $1.35
- QCR Holdings, Inc. Announces Record Net Income of $32.9 Million for the Fourth Quarter and Record Net Income of $113.6 Million for the Full Year 2023
- Is QCRH a Buy, Before Earnings?
- QCR Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results
- QCR Holdings, Inc. Announces Closing of First Two Securitizations by Cedar Rapids Bank & Trust
