Piper Sandler raised the firm’s price target on Amalgamated Financial (AMAL) to $42 from $39 and keeps an Overweight rating on the shares after the company hosted its second annual Investor Day. The firm notes the day was very informative and gave it a chance to meet several new executives of the company. In general, Piper came away from the investor day feeling more optimistic on the Amalgamated’s story.
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