Alert: Positive Investment/Fundamental Signals (11/6/23)-Piper Sandler Cos (NYSE: PIPR)

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Piper Sandler Cos (NYSE: PIPR) has recently enjoyed extremely important positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Piper Sandler Cos (NYSE: PIPR). Small positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

PIPR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Piper Sandler Cos has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Piper Sandler Cos has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 62, producing the High Neutral Value Trend Rating.

Recent Price Action

On 11/6/23, Piper Sandler Cos (NYSE: PIPR) stock declined slightly by -0.3%, closing at $144.81. Relative to the market the stock has been strong over the last nine months and has risen 7.5% during the last week.

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