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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 will maintain a return on assets above 1.20%, an increase from last year.

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 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 is an American regional financial services company that offers banking, lending, and investment management services.

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