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Piper Sandler Reaffirms Their Hold Rating on Community Bank System (CBU)

Tipranks - Tipranks - Tue Feb 3, 6:24AM CST

In a report released today, Manuel Navas from Piper Sandler reiterated a Hold rating on Community Bank System, with a price target of $62.00.

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According to TipRanks, Navas is a 5-star analyst with an average return of 11.5% and a 75.30% success rate. Navas covers the Financial sector, focusing on stocks such as City Holding Company, Community Bank System, and F.N.B..

The word on The Street in general, suggests a Hold analyst consensus rating for Community Bank System with a $63.50 average price target.

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Based on Community Bank System’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $256.17 million and a net profit of $55.09 million. In comparison, last year the company earned a revenue of $240.1 million and had a net profit of $43.9 million

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