Piper Sandler cuts Equity Bancshares stock rating on acquisition concerns
Piper Sandler downgraded Equity Bancshares (EQBK) to Neutral, lowering its price target to $52.00 from $60.00 due to uncertainty around valuation and acquisition timing. The stock trades at $47.48, near its 52-week high. Analysts cite concerns over profitability dilution and loan growth visibility. EQBK announced a $0.22 quarterly dividend and a pending acquisition of Lincoln Bancorp.


