Piper Sandler Initiates Fulton Financial (FULT) With Neutral Rating

Fulton Financial Corporation (NASDAQ:FULT) ranks among the top NASDAQ stocks for retirement. On June 12, Piper Sandler began coverage of Fulton Financial Corporation (NASDAQ:FULT), with a Neutral rating and a $23 price target. The firm forecasts that Fulton Financial Corporation (NASDAQ:FULT) will maintain a return on assets above 1.20%, an increase from last year.

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The company’s profitability has risen as a result of higher net interest margins and two acquisitions in Philadelphia and Northern New Jersey, which offer more scale and market penetration.

Piper Sandler predicts EPS growth of 5% in 2026 and 9% in 2027, after a 19% increase in 2025. Given expected moderate loan growth and constrained net interest margin gain owing to reduced asset sensitivity, the firm anticipates few near-term catalysts.

Moreover, Fulton Financial’s recent earnings call came with a noticeably positive tone, with management pointing towards consistent, repeatable earnings and enhanced efficiency amid moderate margin pressure.

In line with the previous quarter’s results, Fulton Financial Corporation (NASDAQ:FULT) reported operational net income available to common shareholders of $99.7 million, or $0.55 per diluted share. After acquisition-related adjustments, GAAP EPS came in at $0.51, indicating that core profitability is still intact.

Fulton Financial Corporation (NASDAQ:FULT) is an American regional financial services company that offers banking, lending, and investment management services.

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