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Fly News Breaks for April 28, 2017
HTBK
Apr 28, 2017 | 08:58 EDT
Brean Capital analyst Blair Brantley believes Heritage Commerce's premium valuation is deserved following better than expected Q1 results. The analyst is encouraged by its improvement in NIM as the excess liquidity provides opportunity for earnings enhancement. Brantley reiterated his Buy rating and $16 price target on Heritage Commerce shares.
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