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Fly News Breaks for January 14, 2019
GBCI
Jan 14, 2019 | 16:14 EDT
Stephens analyst Gordon McGuire initiated Glacier Bancorp with an Equal Weight rating and $42 price target, stating that he believes the stock's premium valuation is deserved and can be sustained, but he also sees 2020 EPS headwinds as he expects "a sizeable step-up" in provisioning levels due to CECL implementation.