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Fly News Breaks for November 20, 2017
BKU
Nov 20, 2017 | 07:08 EDT
As noted earlier, BMO Capital analyst Lana Chan upgraded BankUnited to Outperform from Market Perform and raised her price target to $39 from $38. Chan cites improved clarity around the bank's core earnings power without the benefit of loss share income. The analyst also notes an attractive valuation of 1.3-times tangible book value relative to 2.1-times peer median.
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