---
title: "Piper Sandler Reaffirms Their Buy Rating on First Merchants (FRME)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293923677.md"
description: "Piper Sandler analyst Nathan Race reaffirmed a Buy rating on First Merchants (FRME) with a $51.00 price target. This follows KBW's July 24 report, which also reiterated a Buy rating and set a $50.00 target. Race, who covers the financial sector, has a notable track record with a 67.54% success rate on recommendations."
datetime: "2026-07-27T11:06:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293923677.md)
  - [en](https://longbridge.com/en/news/293923677.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293923677.md)
generator: "portal-rs"
---

# Piper Sandler Reaffirms Their Buy Rating on First Merchants (FRME)

Piper Sandler analyst Nathan Race maintained a Buy rating on First Merchants today and set a price target of $51.00.

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Race covers the Financial sector, focusing on stocks such as Commerce Bancshares, Peoples Bancorp, and UMB Financial. According to TipRanks, Race has an average return of 14.1% and a 67.54% success rate on recommended stocks. 

In a report released on July 24, KBW also reiterated a Buy rating on the stock with a $50.00 price target.

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- [FRME.US](https://longbridge.com/en/quote/FRME.US.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**