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Fly News Breaks for June 8, 2017
NBTB
Jun 8, 2017 | 05:50 EDT
Piper Jaffray analyst Matthew Breese upgraded NBT Bancorp to Neutral saying the shares are approaching fair value. The company's "diversified" revenue stream and "high quality" deposits will be more protected against a flatter yield curve than peers, the analyst contends. He lowered his price target for the shares to $35.50 from $36.50.
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