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Fly News Breaks for April 9, 2019
CBU
Apr 9, 2019 | 16:15 EDT
Stephens analyst Austin Nicholas started Community Bank System with an Equal Weight rating and $63 price target, citing his feeling that shares are fairly valued and his view that the stock's premium multiple will be maintained. The analyst calls the bank's low-risk balance sheet, strong fee income streams, "excellent" deposit base and track record of credit quality "key differentiators."
News For CBU From the Last 2 Days