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Fly News Breaks for March 6, 2018
CSFL
Mar 6, 2018 | 07:02 EDT
SunTrust analyst Michael Young initiated CenterState Banks with a Buy rating and a price target of $32. Young says the bank is the "largest community bank headquartered in Florida" undergoing a period of rapid M&A since 2009. The analyst believes that CenterState's competition from peers is also limited, allowing for "sustained above peer loan and deposit growth".
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