Popular, Inc. Releases its 2017 Dodd-Frank Act Stress Test Results

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Popular, Inc. (BPOP) PT Lowered to $50.50 at Piper Jaffray

November 1, 2017 8:53 AM EDT

Piper Jaffray lowered its price target on Popular, Inc. (NASDAQ: BPOP) to $50.50 (from $53.00) while maintaining a Overweight rating. Piper Jaffray also decreased FY18/19E EPS to $2.82/$3.90 from $4.10/$4.35 to reflect conservative provisioning and lower total revenue/profitability for the next few quarters in... More