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Fly News Breaks for June 2, 2017
FNB
Jun 2, 2017 | 07:36 EDT
Wells Fargo started coverage of F.N.B. with a $15.50 price target and an Outperform rating. The firm thinks that the stock has reached an attractive entry point and has an attractive risk/reward ratio after it underperformed versus its sector. Wells says that the company's recent acquisition of Yadkin Financial has enabled it to enter faster growing markets.
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