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flag Illinois pension fund and investment firm boost stakes in Piper Sandler, which beat earnings forecasts.

flag The Illinois Municipal Retirement Fund and Transcend Capital Advisors, LLC have both increased their investments in Piper Sandler Companies, a financial services firm, in the first quarter of this year. flag Piper Sandler reported strong earnings of $4.09 per share, surpassing analysts' expectations. flag The company has a market cap of $4.96 billion, and analysts predict it will post $14.14 EPS for the current fiscal year.

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