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Fly News Breaks for October 5, 2015
PSTB
Oct 5, 2015 | 09:09 EDT
Sandler O'Neill upgraded Park Sterling Bank (PSTB) to Buy with an $8 price target on shares citing the acquisition of First Capital Bancorp (FCVA). Analyst Stephen Scouten believes the deal creates an earnings stream that substantiates the bank's share price and views the deal as a long-term positive.
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