Piper Sandler lowers Commerce Bancshares stock price target to $60.50
Piper Sandler reduced its price target for Commerce Bancshares (CBSH) to $60.50 from $63.00, maintaining a Neutral rating. The firm raised its 2026 EPS estimate to $4.33 and 2027 to $4.65. CBSH's Q3 earnings beat expectations at $1.08 per share, but revenue missed at $494.3M. The stock trades at $55.47, below the new target.


