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Fly News Breaks for October 24, 2017
CBU
Oct 24, 2017 | 09:24 EDT
DA Davidson analyst Russell Gunther lowered his price target on Community Bank System to $55 following Q3 results, noting that while record EPS reflects deal accretion above internal expectations, organic loan growth remains weak and is poised to decline year-on-year. Gunther maintains a Neutral rating, saying valuation prices in Community Bank System's status of a high quality, differentiated franchise.
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