Piper Sandler raised the firm’s price target on Amerant Bancorp (AMTB) to $29 from $26.50 and keeps an Overweight rating on the shares following Q3 results. Piper noted that it feels more confident around the path of expenses, credit costs, and loan growth, though the firm does remain slightly skeptical around the upside to the net interest margin in 2025.
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Read More on AMTB:
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- AMTB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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