On Monday, Piper Sandler assumed coverage on First Business Financial (NASDAQ:FBIZ) Services, Inc. (NASDAQ:FBIZ), assigning an Overweight rating with a price target of $44. The firm based this target on an 8.5 times multiple of their estimated 2025 earnings per share (EPS), which aligns closely with the average of peers at 8.9 times.
Piper Sandler bullish on First Business Financial, rates stock as overweight
