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Fly News Breaks for June 3, 2016
DCOM
Jun 3, 2016 | 06:17 EDT
Piper Jaffray analyst Matthew Breese downgraded Dime Community Bancshares to Neutral saying the stock is fairly valued and that his thesis played out with the company selling "valuable bank-owned real estate for a sizable gain" in Q1. The analyst keeps a $19 price target for the shares.