United Bankshares gets 'neutral' rating as Piper Sandler resumes coverage

Piper Sandler resumes coverage of United Bankshares UBSI.O with a "neutral" rating and a PT of $38.50, a 13% upside to the stock's last close

Regional lender's focus on operational efficiency and disciplined underwriting makes it a reliable, income-generating investment - brokerage

Brokerage sees M&A as an attractive growth strategy for the bank and one in which it has demonstrated expertise

There could be an opportunity for an upside to valuation in the future when investor concerns around the Washington metropolitan area subside, given the cost-cutting efforts by the Trump administration - Piper Sandler

UBSI has a significant footprint in key metropolitan areas, including Washington, D.C. - brokerage

One of six brokerages rates the stock "buy" and five "hold"; with a median PT of $42, according to data compiled by LSEG

UBSI stock down 9% YTD