OFG Bancorp (OFG) Reports In-Line Q1 EPS

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Go back to OFG Bancorp (OFG) Reports In-Line Q1 EPS

Piper Jaffray Remains Sidelined on OFG Bancorp (OFG) Following 1Q - PT to $9.50

April 25, 2016 9:14 AM EDT

Piper Jaffray reiterates a Neutral rating on Oriental Financial Group (NYSE: OFG), and raised the price target to $9.50 (from $7.50), following the company's 1Q. OFG posted operating EPS of $0.24, a penny below consensus.

Analyst Brett Rabatin commented, "We believe core earnings visibility will... More