Piper Sandler Initiates Coverage of Kearny Financial with Overweight Rating
Piper Sandler has initiated coverage of Kearny Financial (KRNY) with an Overweight rating and a $9.50 price target. The stock rose 2.82% to $8.01 following the announcement, indicating positive market sentiment. The analyst highlighted Kearny Financial's potential for greater net interest margin (NIM) expansion.
Tickers: $KRNY