Record Revenue, Rising Dividends—So Why Aren't Analysts Saying Buy?

Piper Sandler reported its best first quarter ever on May 7, with revenue up 33% year over year and record investment banking results. The company also posted its 10th consecutive quarter of annual growth, signaling continued strength in core fundamentals. The update is supportive for the stock, though the article contains no guidance change or larger market implications.

Analysis

Piper Sandler reported its best first quarter ever on May 7, with revenue up 33% year over year and record investment banking results. The company also posted its 10th consecutive quarter of annual growth, signaling continued strength in core fundamentals. The update is supportive for the stock, though the article contains no guidance change or larger market implications.