Piper Sandler analyst Frank Schiraldi maintains $Popular (BPOP.US)$ with a buy rating, and adjusts the target price from $112 to $100.
According to TipRanks data, the analyst has a success rate of 60.8% and a total average return of 15.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Popular (BPOP.US)$'s main analysts recently are as follows:
The expectation for Popular's net interest income has been adjusted due to a shortfall driven by deposits in Q3, as the effect of stimulus funding diminishes.
The reduction in the price target for Popular reflects the effects of deposit outflows and changes in the composition of deposits impacting net interest income, alongside management revising their end-of-year 2025 ROTCE guidance. Despite seeing some long-term value, there is acknowledged incremental risk for earnings per share adjustments in light of the guidance provided for the fourth quarter of 2025.
Note:
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