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Fly News Breaks for June 18, 2019
PB, LTXB
Jun 18, 2019 | 06:04 EDT
Piper Jaffray analyst Brett Rabatin downgraded LegacyTexas Financial (LTXB) downgraded to Neutral from Overweight and lowered his price target for the shares to $43.50 from $45.50. The downgrade reflects the company's merger with Prosperity Bancshares (PB). Rabatin keeps a Neutral rating on Prosperity with a $70 price target.
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