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Fly News Breaks for February 27, 2019
MBNKF
Feb 27, 2019 | 04:53 EDT
Keefe Bruyette analyst Michael Perito downgraded Metro Bank to Market Perform and lowered his price target for the shares to GBP 12.50 from GBP 36. The analyst cites the capital raise "overhang" and the bank's "challenging" return-on-equity outlook for the downgrade.
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