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Piper Sandler Reaffirms Their Buy Rating on First Financial Bancorp (FFBC)
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Piper Sandler Reaffirms Their Buy Rating on First Financial Bancorp (FFBC)

In a report released today, Brendan Nosal from Piper Sandler maintained a Buy rating on First Financial Bancorp (FFBCResearch Report), with a price target of $24.00. The company’s shares closed yesterday at $23.89.

Nosal covers the Financial sector, focusing on stocks such as Premier Financial, First Financial Bancorp, and Waterstone Financial. According to TipRanks, Nosal has an average return of 6.0% and a 53.85% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Financial Bancorp with a $23.33 average price target.

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FFBC market cap is currently $2.27B and has a P/E ratio of 8.69.

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First Financial Bancorp operates a bank holding company. The firm operates through its wholly owned subsidiary, First Financial Bank, which engages in the provision of commercial banking, financial and other related activities. It operates through the following business lines: Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate and Commercial Finance. Its products and services include borrow; digital tools; digital services; self-service; digital wallet; treasury management; employee services; financial planning; investment management; and trust administration. The company was founded in 1983 and is headquartered in Cincinnati, OH.

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