Alert: Positive Investment/Fundamental Signals (12/15/23)-Piper Sandler Cos (NYSE: PIPR)


Piper Sandler Cos (NYSE: PIPR) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Important positive changes in fundamentals have recently occurred for Piper Sandler Cos (NYSE: PIPR): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

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


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PIPR is expected to continue to be a Value Builder.

Piper Sandler Cos has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Piper Sandler Cos has a neutral Appreciation Score of 54 but a good Power Rating of 78, and the Positive Value Trend Rating results.

Recent Price Action

On 12/15/23, Piper Sandler Cos (NYSE: PIPR) stock rose slightly by 0.3%, closing at $175.68. Moreover, exceptionally high trading volume at 525% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.8% during the last week.

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