Piper Sandler analyst Justin Crowley raised the firm’s price target on Esquire Financial (ESQ) to $75 from $72 and keeps an Overweight rating on the shares following Q3 results. The firm said the company continues to put up “best-in-class” profitability, driving “strong” tangible book value per share growth. Piper told investors in a research note that while Esquire is asset sensitive, this is well-known, and normalization lower in net interest margin has been well captured.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESQ:
- Esquire Financial price target lowered to $70 from $75 at Raymond James
- Esquire Financial Holdings Reports Strong Q3 2024 Results
- Esquire Financial reports Q3 EPS , consensus $1.31
- ESQ Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Esquire Financial downgraded to Market Perform from Outperform at Keefe Bruyette