Piper Sandler Keeps Their Buy Rating on FinWise (FINW)

Piper Sandler analyst Andrew Liesch maintained a Buy rating on FinWise (FINW – Research Report) today and set a price target of $13.00. The company’s shares closed yesterday at $10.73.

According to TipRanks, Liesch is a 4-star analyst with an average return of 3.8% and a 47.26% success rate. Liesch covers the Financial sector, focusing on stocks such as Axos Financial, Community West Bancshares, and Heartland Financial USA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FinWise with a $13.00 average price target.

FINW market cap is currently $136.5M and has a P/E ratio of 8.03.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FINW in relation to earlier this year.

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FinWise (FINW) Company Description:

FinWise Bancorp is an independent bank that provides a full range of banking services to individual and corporate customers. The bank’s primary source of revenue is from loans including Small Business Administration, commercial, commercial real estate, residential real estate, and consumer.