Piper Sandler raised the firm’s price target on Capitol Federal to $7 from $5.50 and keeps a Neutral rating on the shares. The firm notes Capitol Federal reported Q3 EPS of 7c, which fell 4c short of our estimate and the Street consensus. The downside stemmed from a higher tax rate than modeled, as upstreaming cash to the holding company from the bank is now subject to federal taxes due to the expected taxable net loss to be filed on its 2024 return.