Piper Sandler analyst Casey Orr Whitman lowered the firm’s price target on TowneBank to $28 from $31 and keeps an Overweight rating on the shares. The analyst reduced estimates post the Q1 results to reflect a lower net interest margin outlook.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on TOWN:
- TowneBank reports Q1 core EPS 62c, consensus 64c
- TowneBank Reports First Quarter 2023 Earnings
- TOWN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Aubrey L. Layne Jr. and J. Christopher Perry Join TowneBank Corporate Board of Directors
- TowneBank resumed with an Outperform at Raymond James
