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Fly News Breaks for June 29, 2016
SCNB, PBCT
Jun 29, 2016 | 06:39 EDT
Piper Jaffray analyst Matthew Breese upgraded People's United Financial (PBCT) to Neutral saying the stock is fairly valued following the recent selloff. The company paid a "hefty price" for Suffolk Bancorp (SCNB), Breese tells investors in a research note. He keeps a $14 price target for People's.
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