Piper Sandler gives Meridian Bank shares a Neutral rating, increases target following Q3 EPS outperformance
On Tuesday, Piper Sandler adjusted its outlook on Meridian Bank (NASDAQ: NASDAQ:), increasing the price target to $15.00 from the previous $14.00, while keeping a Neutral rating on the stock. The adjustment follows Meridian Bank’s third-quarter earnings report, which revealed earnings per share (EPS) of $0.42. After accounting for minor securities losses, the core EPS … Read more