Piper Sandler Appoints New Managing Director in Energy Sector
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Newsfilter
- New Managing Director: Piper Sandler Companies has appointed Tim Carlson as a managing director on its energy and power investment banking team, focusing on upstream operations, thereby enhancing the firm's expertise in the energy sector.
- Extensive Industry Experience: With over 28 years in investment banking, Carlson has advised on over 165 transactions totaling more than $125 billion, showcasing his significant influence and expertise across mergers, capital raising, and restructuring.
- Market Response: Carlson noted that energy companies are facing complex decisions as traditional oil and gas converge with alternative energy, and he aims to leverage his M&A advice and capital market expertise to help clients achieve their strategic objectives.
- Reputation Enhancement: Piper Sandler's established reputation in the energy, power, and infrastructure sectors is further solidified with Carlson's addition, which is expected to attract top talent and improve client service quality, driving continued growth for the firm.
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Analyst Views on PIPR
Wall Street analysts forecast PIPR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PIPR is 386.00 USD with a low forecast of 386.00 USD and a high forecast of 386.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 347.560
Low
386.00
Averages
386.00
High
386.00
Current: 347.560
Low
386.00
Averages
386.00
High
386.00
About PIPR
Piper Sandler Companies is an investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States and internationally. The Company operates in one segment, providing investment banking services, institutional sales and trading services for various equity and fixed income products, and research services. It provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. The Company operates alternative asset management funds in merchant banking and healthcare in order to invest firm capital and to manage capital from outside investors. It offers both equity and fixed income advisory and trade execution services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Piper Sandler Appoints New Managing Director in Energy Sector
- New Managing Director: Piper Sandler Companies has appointed Tim Carlson as a managing director on its energy and power investment banking team, focusing on upstream operations, thereby enhancing the firm's expertise in the energy sector.
- Extensive Industry Experience: With over 28 years in investment banking, Carlson has advised on over 165 transactions totaling more than $125 billion, showcasing his significant influence and expertise across mergers, capital raising, and restructuring.
- Market Response: Carlson noted that energy companies are facing complex decisions as traditional oil and gas converge with alternative energy, and he aims to leverage his M&A advice and capital market expertise to help clients achieve their strategic objectives.
- Reputation Enhancement: Piper Sandler's established reputation in the energy, power, and infrastructure sectors is further solidified with Carlson's addition, which is expected to attract top talent and improve client service quality, driving continued growth for the firm.
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