FirstSun Capital price target lowered to $44 from $47 at Raymond James
Raymond James analyst Michael Rose lowered the firm's price target on FirstSun Capital to $44 from $47 and keeps a Strong Buy rating on the shares. FirstSun Capital shares declined following commercial credit charge-offs that reduced EPS estimates, but despite near-term credit and merger-related challenges, valuation reflects some risk and upside potential remains as merger noise fades into 2027, the analyst tells investors in a research note.
Raymond James analyst Michael Rose lowered the firm's price target on FirstSun Capital to $44 from $47 and keeps a Strong Buy rating on the shares.
FirstSun Capital shares declined following commercial credit charge-offs that reduced EPS estimates, but despite near-term credit and merger-related challenges, valuation reflects some risk and upside potential remains as merger noise fades into 2027, the analyst tells investors in a research note.