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Piper Sandler analyst Manuel Navas reiterates Fulton Financial (NASDAQ:FULT) with a Neutral and raises the price target from $23 to $27.
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A federal court denied Fulton Bank, N.A.'s motion to compel arbitration in a Telephone Consumer Protection Act (TCPA) class action lawsuit, ruling that the bank's arbitration agreement was too narrow to cover the marketing calls in question.
Fulton Financial has been upgraded to a Zacks Rank #2 (Buy) rating, primarily driven by upward trends in earnings estimates. The company's consensus estimate for fiscal year 2026 remains at $2.26 per share, with analysts raising estimates by 3.3% over the past three months. The upgrade positions the stock in the top 20% of Zacks-covered stocks, suggesting potential near-term price appreciation based on improving earnings outlook.
Fulton Financial Corporation reported its financial results for the third quarter of 2026, including net income and earnings per share.
Raymond James analyst Daniel Tamayo downgrades Fulton Financial (NASDAQ:FULT) from Outperform to Market Perform.