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Fly News Breaks for May 30, 2017
FRBA
May 30, 2017 | 07:26 EDT
As reported previously, Baird analyst Bryce Rowe upgraded First Bank to Outperform from Neutral following its secondary offering. The analyst said the stock offering removed the overhang of dilution risk and positions the company with ample runway to continue its organic and acquisition related growth strategy. Rowe maintained his $14 price target on First Bank shares.
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