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Fly News Breaks for February 2, 2017
CATY
Feb 2, 2017 | 05:58 EDT
Piper Jaffray analyst Matthew Clark upgraded Cathay General Bancorp to Overweight citing valuation and his belief that consensus estimates are too low. The analyst sees good earnings visibility for Cathay and upped his price target for the shares to $43 from $41.
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