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Fly News Breaks for January 4, 2017
OZRK
Jan 4, 2017 | 07:27 EDT
Brean Capital analyst Blair Brantley raised his price target on Bank of the Ozarks to $63 from $54 as he believes the outlook for banks remains constructive in 2017. The analyst sees concerns around CRE concentration and growth constraints along with worries about sizable future capital raises as overblown. Brantley sees the current valuation as an attractive entry point and he reiterated his Buy rating on Bank of the Ozark shares.
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