Piper Sandler Begins Overweight Coverage of CNB Financial Corporation’s Preferred Stock

Piper Sandler initiated coverage of CNB Financial Corporation’s preferred stock (NASDAQGS:CCNEP) with an “Overweight” rating on September 24, 2026. As of the same date, the stock closed at $24.95, marking a 1.18% increase from $24.66 on September 17, 2026. The latest consensus target mean for the stock was $27.68, suggesting a potential upside of 10.92%.

CNB Financial Corporation, based in the United States, provides a range of banking solutions through its subsidiary, CNB Bank. The company has grown its market presence through strategic acquisitions, including the recent acquisition of Bank of Akron in New York.

In related analyst activity, Raymond James also initiated coverage on August 27, 2026, with an “Outperform” rating, reflecting positive sentiment around the stock with 72.7% of recent recommendations categorized as “buy.”