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Fly News Breaks for October 25, 2017
IBKC
Oct 25, 2017 | 08:30 EDT
SunTrust analyst Jennifer Demba lowered her price target on Iberiabank to $80 and kept her Hold rating following Q3 results. Demba says the announced acquisition of Gibraltar Private Bank is low risk in nature, but results may be noisy over the next few quarters and NYC expansion could generate some added expenses.
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