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Fly News Breaks for September 20, 2017
SNBC, OCFC
Sep 20, 2017 | 08:18 EDT
Sandler O'Neill analyst Mark Fitzgibbon upgraded OceanFirst Financial (OCFC) to Buy saying he sees good value following the recent pullback. The closing of the Sun Bancorp (SNBC) deal along with successful realization of profitability goals should be a catalyst for shares over the next 12 months, the analyst contends. He has a $29 price target for the shares. Fitzgibbon this morning also upgraded Sun Bancorp to Buy.
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