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Fly News Breaks for February 5, 2018
CIT
Feb 5, 2018 | 06:09 EDT
As reported earlier, BMO Capital analyst James Fotheringham upgraded CIT Group to Market Perform from Underperform and raised his price target to $49 from $48. Fotheringham cites the latest Q4 revenue-driven beat, the Fed's CCAR announcement on the company's capital plan, and the positive impact from the tax reform.
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