Piper Sandler Keeps Their Hold Rating on First Western Financial (MYFW)

Piper Sandler analyst Matthew Clark maintained a Hold rating on First Western Financial (MYFW – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $13.65.

According to TipRanks, Clark is a 4-star analyst with an average return of 6.7% and a 51.78% success rate. Clark covers the Financial sector, focusing on stocks such as Western Alliance, First Western Financial, and Cvb Financial.

Currently, the analyst consensus on First Western Financial is a Moderate Buy with an average price target of $20.00.

The company has a one-year high of $22.00 and a one-year low of $12.84. Currently, First Western Financial has an average volume of 22.72K.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MYFW in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Western Financial (MYFW) Company Description:

First Western Financial, Inc. operates as holding company, which engages in the provision of wealth managements services. It operates through the following business segments: Wealth Management, Capital Management, and Mortgage. The Wealth Management segment consists of operations relating to its fully integrated wealth management business. The Capital Management segment includes operations relating to its institutional investment management services over proprietary fixed income, high yield and equity strategies, including acting as the advisor of three owned, managed and rated proprietary mutual funds. The Mortgage segment consists of operations relating to the origination and sale of residential mortgage loans. The company was founded by Scott C. Wylie and Warren Joseph Olsen in 2002 and is headquartered in Denver, CO.