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Fly News Breaks for January 25, 2018
PB
Jan 25, 2018 | 08:59 EDT
DA Davidson analyst Gary Tenner raised his price target on Prosperity Bancshares to $80 and kept his Neutral rating. Tenner cites the anticipated benefits of lower tax rates, while noting the Q4 earnings miss was the result of higher operating expenses, 2bps net interest margin compression, and a "modest" balance sheet growth.