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Fly News Breaks for October 29, 2019
PBCT
Oct 29, 2019 | 07:15 EDT
Stephens analyst Matt Breese resumed coverage of People's United with an Equal Weight rating and $16 price target. While he acknowledges the bank's history of solid credit quality and "smart" M&A, he also sees some challenges ahead navigating continued Fed cuts and net interest margin pressure, Breese said.
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