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Piper Sandler maintained a Neutral recommendation for First Citizens BancShares, Inc. – Preferred Stock (NasdaqGS: FCNCO) on October 24, 2025. The average one-year price target for the stock is $28.20 per share, indicating a potential upside of 24.51% from its latest closing price of $22.65 per share.
As of September 30, 2025, institutional holdings in FCNCO remained at 7 funds, with a slight decrease in total shares owned, down 1.22% to 1,167,000 shares. Notable changes include PFF – iShares Preferred and Income Securities ETF decreasing its holdings by 8.89% to 633,000 shares, while PFFD – Global X U.S. Preferred ETF increased its holdings by 27.69% to 204,000 shares.
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