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Nathan Race

Stock Analyst at Piper Sandler

Total Price Targets
47
Stocks Covered
23
Sectors
Financial Services
Most Recent
Feb 4, 2026

Notable Calls (Last 12 Months)

Most Bullish

  • UMBF+34.1%
    UMB Financial Corporation
    $135.00 targetJun 13, 2025
  • BY+27.9%
    Byline Bancorp, Inc.
    $35.00 targetOct 28, 2025
  • SRCE+25.5%
    1st Source Corporation
    $83.00 targetJan 26, 2026

Most Bearish

  • BFC+7.8%
    Bank First Corporation
    $142.00 targetOct 23, 2025
  • CBSH+8.8%
    Commerce Bancshares, Inc.
    $70.00 targetJul 17, 2025
  • HBT+9.8%
    HBT Financial, Inc.
    $27.50 targetOct 21, 2025

Stocks Covered by Nathan Race

SymbolCompanyLatest TargetCurrent PriceUpside# TargetsLast Updated
FRMEFirst Merchants Corporation$49.00$40.51+21.0%4Feb 4, 2026
FBIZFirst Business Financial Services, Inc.$70.00$56.80+23.2%1Feb 3, 2026
GABCGerman American Bancorp, Inc.$47.00$43.49+8.1%1Jan 29, 2026
SRCE1st Source Corporation$83.00$74.17+11.9%2Jan 26, 2026
IBCPIndependent Bank Corporation$39.00$33.71+15.7%1Jan 26, 2026
CBSHCommerce Bancshares, Inc.$62.00$52.16+18.9%4Jan 26, 2026
WTFCWintrust Financial Corporation$184.00$149.78+22.8%6Jan 22, 2026
CBCCentral Bancompany, Inc. Class A Common Stock$28.00$27.14+3.2%1Dec 15, 2025
MSBIMidland States Bancorp, Inc.$19.00$26.42-28.1%3Dec 2, 2025
BYByline Bancorp, Inc.$35.00$32.40+8.0%1Oct 28, 2025
BFCBank First Corporation$142.00$143.15-0.8%1Oct 23, 2025
PEBOPeoples Bancorp Inc.$33.50$34.71-3.5%2Oct 22, 2025
HBTHBT Financial, Inc.$27.50$28.08-2.1%3Oct 21, 2025
SMBCSouthern Missouri Bancorp, Inc.$66.00$68.78-4.0%1Aug 28, 2025
UMBFUMB Financial Corporation$135.00$128.75+4.9%1Jun 13, 2025
SYBTStock Yards Bancorp, Inc.$81.00$72.64+11.5%2Apr 24, 2025
NICNicolet Bankshares, Inc.$118.00$146.84-19.6%1Apr 16, 2025
ISBAIsabella Bank Corporation$28.00$40.80-31.4%4Feb 3, 2025
ALRSAlerus Financial Corporation$23.00$26.97-14.7%4Oct 31, 2024
OSBCOld Second Bancorp, Inc.$23.00$20.75+10.8%1Oct 18, 2024
BANFBancFirst Corporation$95.00$113.42-16.2%1Jul 22, 2024
RBBRBB Bancorp$19.00$24.29-21.8%1May 29, 2024
FMBHFirst Mid Bancshares, Inc.$38.00$43.59-12.8%1Apr 29, 2024

Recent Activity

  • Feb 4, 2026— Set$49.00price target onFRME(First Merchants Corporation)
  • Feb 3, 2026— Set$70.00price target onFBIZ(First Business Financial Services, Inc.)
  • Jan 29, 2026— Set$47.00price target onGABC(German American Bancorp, Inc.)
  • Jan 26, 2026— Set$39.00price target onIBCP(Independent Bank Corporation)
  • Jan 26, 2026— Set$83.00price target onSRCE(1st Source Corporation)
  • Jan 26, 2026— Set$62.00price target onCBSH(Commerce Bancshares, Inc.)
  • Jan 22, 2026— Set$184.00price target onWTFC(Wintrust Financial Corporation)
  • Dec 15, 2025— Set$28.00price target onCBC(Central Bancompany, Inc. Class A Common Stock)
  • Dec 2, 2025— Set$19.00price target onMSBI(Midland States Bancorp, Inc.)
  • Oct 28, 2025— Set$35.00price target onBY(Byline Bancorp, Inc.)
  • Oct 23, 2025— Set$142.00price target onBFC(Bank First Corporation)
  • Oct 22, 2025— Set$33.50price target onPEBO(Peoples Bancorp Inc.)
  • Oct 22, 2025— Set$161.00price target onWTFC(Wintrust Financial Corporation)
  • Oct 21, 2025— Set$27.50price target onHBT(HBT Financial, Inc.)
  • Aug 28, 2025— Set$66.00price target onSMBC(Southern Missouri Bancorp, Inc.)
  • Jul 17, 2025— Set$70.00price target onCBSH(Commerce Bancshares, Inc.)
  • Jun 13, 2025— Set$135.00price target onUMBF(UMB Financial Corporation)
  • Apr 24, 2025— Set$81.00price target onSYBT(Stock Yards Bancorp, Inc.)
  • Apr 23, 2025— Set$141.00price target onWTFC(Wintrust Financial Corporation)
  • Apr 16, 2025— Set$118.00price target onNIC(Nicolet Bankshares, Inc.)

Frequently Asked Questions

Who is Nathan Race?

Nathan Race is a stock analyst at Piper Sandler covering 23 stocks primarily in Financial Services. They have issued 47 price targets since Apr 11, 2024.

What stocks does Nathan Race cover?

Nathan Race currently covers 23 stocks, including WTFC, FRME, CBSH, ISBA, ALRS.

What is Nathan Race's latest price target?

Nathan Race's most recent price target was $49.00 on FRME (First Merchants Corporation), set on Feb 4, 2026.

What is Nathan Race's highest price target?

Nathan Race's highest issued price target is $184.00 on WTFC, set on Jan 22, 2026.

Coverage based on publicly published price targets. Not investment advice.