Piper Sandler maintained an "Overweight" recommendation on First Busey Corporation - Preferred Stock (BUSEP) on October 31, 2025, setting an average one-year price target of $30.11, which suggests a 17.39% upside from its latest closing price of $25.65. This positive analyst sentiment is reinforced by a significant surge in institutional interest, with the number of funds holding BUSEP increasing by 275% and total institutional shares rising 336.06% to 2.038 million in the last quarter.
Piper Sandler has reiterated an "Overweight" recommendation for First Busey Corporation's Preferred Stock (BUSEP) as of October 31, 2025, signaling continued confidence. The average one-year price target of $30.11 per share implies a significant 17.39% upside from its recent closing price of $25.65, with a forecast range spanning $24.55 to $34.81. This positive analyst outlook is strongly corroborated by a substantial surge in institutional interest. The number of funds reporting positions in BUSEP has increased by 275% in the last quarter, now totaling 15 institutions. Concurrently, total institutional shares owned have risen by 336.06% to 2.038 million shares, indicating robust capital inflow. The average portfolio weight dedicated to BUSEP by these funds has also increased by 158.60% to 0.42%, underscoring a growing conviction among institutional investors. With a projected annual non-GAAP EPS of 2.55, the preferred stock appears to offer a compelling income and growth profile, attracting significant institutional positioning.
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strongly positive
Sentiment Score
0.85
Ticker Sentiment
