Amalgamated Financial Shares Slump After Downgrade From Piper Sandler

MT Newswires Live

2025/02/22

Amalgamated Financial (AMAL) shares were nearly 9% lower in recent Friday trading after Piper Sandler downgraded the stock to neutral from overweight, and trimmed the price target to $38 from $42.

Trading volume was more than 439,000 shares, against the daily average of around 189,000 shares.

Price: 32.23, Change: -3.06, Percent Change: -8.66

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