
BUZZ-Piper Sandler assumes coverage of Banner at 'neutral' rating

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Piper Sandler assumes coverage of Bannerwith a 'neutral' rating and sets a price target of $70, indicating an 11.4% upside. Analysts expect EPS of $6.10 in 2026 and $6.70 in 2027, driven by net interest margin expansion and lower credit costs. The brokerage anticipates continued capital return and selective M&A. Currently, 3 of 6 analysts rate the stock as 'strong buy' or 'buy', with a median price target of $72.
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