Piper Sandler (PIPR) Gets a Buy from Goldman Sachs
Goldman Sachs analyst James Yaro maintained a Buy rating on Piper Sandler today and set a price target of $90.00.
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According to TipRanks, Yaro is a 4-star analyst with an average return of 11.0% and a 58.78% success rate. Yaro covers the Financial sector, focusing on stocks such as Robinhood, Galaxy Digital, and Lazard.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Piper Sandler with a $90.00 average price target.
Based on Piper Sandler’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $475.15 million and a net profit of $65.24 million. In comparison, last year the company earned a revenue of $347.92 million and had a net profit of $64.92 million
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PIPR in relation to earlier this year.
