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Fly News Breaks for August 21, 2019
PFBC
Aug 21, 2019 | 07:31 EDT
As previously reported, B. Riley FBR analyst Steve Moss downgraded Preferred Bank to Neutral from Buy as he sees significant risk to earnings due to the challenging the interest rate environment and increased odds of several interest rate cuts coming from the Federal Reserve. He cut his price target on Preferred Bank shares to $55 from $59.
News For PFBC From the Last 2 Days
