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Fly News Breaks for December 19, 2019
OSBC
Dec 19, 2019 | 06:02 EDT
Piper Jaffray analyst Nathan Race initiated coverage of Old Second Bancorp with an Overweight rating and $15 price target. The analyst sees the company as "uniquely positioned" to drive upside to estimates over the next year amid stronger organic loan growth. He also believes Old Second offers attractive acquisition optionality given its "strong capital levels."
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