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Fly News Breaks for October 15, 2019
BKU
Oct 15, 2019 | 07:16 EDT
Stephens analyst Tyler Stafford assumed coverage of BankUnited with an Equal Weight rating and $35 price target. While he recognizes the progress the company has made in cleaning up its balance sheet, Stafford believes margin headwinds will be too hard to overcome, making it difficult for the bank to hit its current profitability targets by 2021, the analyst stated.
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