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Fly News Breaks for November 27, 2018
NCOM, CSFL
Nov 27, 2018 | 07:09 EDT
Brean Capital analyst Blair Brantley noted CenterState Bank (CSFL) announced its largest acquisition to date with its deal to merge with National Commerce (NCOM), which provides depth into their recent entry into Atlanta while also enhancing the company's efforts in Jacksonville. He believes the deal is fair and representative of a partnership rather than a takeover. Brantley reiterated his Buy rating and $31 price target on CenterState Bank shares.
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