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Fly News Breaks for June 8, 2018
FRC
Jun 8, 2018 | 09:11 EDT
JPMorgan analyst Steven Alexopoulos raised his price target for First Republic to $115 from $106 after hosting investor meetings with management. This was the "most bullish tone we've heard from management," Alexopoulos tells investors in a research note. The analyst says he's "much more bullish on the shares" and keeps an Overweight rating on First Republic.
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