BankUnited rises after Piper Sandler upgrades to 'overweight'
ReutersMar 11, 2025 1:43 PM
Shares of BankUnited BKU.N rise 2.4% to $32.12 in early trading
Piper Sandler upgrades rating to "overweight" from "neutral"
"BKU presents a clear low downside risk play with the shares at only ~86% of TBVPS (tangible book value per share) today," Piper Sandler analysts said in a note
Four brokerages rate stock "buy" or higher, 6 "hold", and 1 "sell"; median PT at $44 - LSEG data
Stock is down nearly 18% YTD, including session moves; it rose around 18% in 2024
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