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Fly News Breaks for June 13, 2016
LKFN
Jun 13, 2016 | 08:28 EDT
As previously reported, Stephens analyst Erik Zwick downgraded Lakeland Financial to Equal Weight from Overweight. While the analyst continues to believe the company will generate high-single-digit loan growth and above-peer profitability in 2016, earnings growth will be limited without additional interest rate increases. Zwick adds that he sees Lakeland Financial's shares as "fairly" valued.
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