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HomeTrust trades higher on Piper Sandler upgrade

Feb. 28, 2023 12:47 PM ETHomeTrust Bancshares, Inc. (HTBI) StockBy: Ravikash Bakolia, SA News Editor

Wall Street

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  • HomeTrust Bancshares (NASDAQ:HTBI) stock rose ~3% on Tuesday after Piper Sandler upgraded the shares to Overweight from Neutral, with a price target of $32, up from $27.
  • Earlier in February, HomeTrust had completed its merger with Quantum Capital.
  • The SA Quant Rating on HTBI is Hold. However, the average Wall Street Analysts' Rating differs with a Buy rating.
  • YTD, HomeTrust shares have gained ~23%, doing better than its peers. See chart here.

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