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Piper Sandler Reaffirms Their Hold Rating on Fulton Financial (FULT)
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Piper Sandler Reaffirms Their Hold Rating on Fulton Financial (FULT)

Piper Sandler analyst Frank Schiraldi maintained a Hold rating on Fulton Financial (FULTResearch Report) today and set a price target of $14.00. The company’s shares closed last Friday at $14.15.

Schiraldi covers the Financial sector, focusing on stocks such as Triumph Financial, Fulton Financial, and First Commonwealth. According to TipRanks, Schiraldi has an average return of 11.7% and a 54.44% success rate on recommended stocks.

Fulton Financial has an analyst consensus of Hold, with a price target consensus of $13.33.

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Based on Fulton Financial’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $273.44 million and a net profit of $79.61 million. In comparison, last year the company earned a revenue of $237.22 million and had a net profit of $69.99 million

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Fulton Financial (FULT) Company Description:

Fulton Financial Corp. is financial holding company, which through its subsidiaries, engages in the provision of consumer and commercial banking products and services. It offers checking account and savings deposit products, certificates of deposit and individual retirement accounts. The company also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers in the market areas serviced by the subsidiary banks. The company was founded on February 8, 1982 and is headquartered in Lancaster, PA.

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