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Fly News Breaks for November 12, 2018
ICBK
Nov 12, 2018 | 07:53 EDT
DA Davidson analyst Kevin Reevey upgraded County Bancorp to Buy from Neutral, as he sees the current valuation being "compelling" with the stock down over 30% year-to-date. He also believes that the expected losses from the company's ag loan portfolio should be manageable given the company's risk mitigation strategy. Reevey has a 12-18 price target of $26 on County Bancorp shares.
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