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Fly News Breaks for January 26, 2018
ETFC
Jan 26, 2018 | 10:17 EDT
SunTrust analyst Douglas Mewhirter raised his price target on E-Trade to $65 and kept his Buy rating after a Q4 earnings beat. The analyst notes the quarter featured slightly better than expected net interest margins and another favorable loan loss reserve reversal, also raising his FY18 EPS view to $3.18 from $2.65 to reflect anticipated higher revenues and a lower tax rate.
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