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Fly News Breaks for February 20, 2018
CHMG
Feb 20, 2018 | 08:37 EDT
Sandler O'Neill analyst Alexander Twerdahl upgraded Chemung Financial to Buy from Hold citing the recent pullback in the shares. The analyst lowered his price target for the shares to $51 from $53. He notes the company's return on assets has been steadily increasing even as the company has been investing significantly in its franchise.