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Fly News Breaks for October 25, 2018
PB
Oct 25, 2018 | 08:37 EDT
As reported previously, Baird analyst Bryce Rowe upgraded Prosperity Bancshares to Outperform from Neutral. The analyst said the risk/reward setup is favorable based on its valuation and attractive credit risk profile and history of good credit quality. He also cited its robust capital position and valuable core franchise in Texas and Oklahoma. Rowe lowered his price target to $73 from $75 on Prosperity Bancshares.
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