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Fly News Breaks for April 29, 2019
QCRH
Apr 29, 2019 | 08:04 EDT
Maxim analyst Michael Diana lowered his price target on QCR Holdings to $38 after its Q1 earnings miss on a "much lower" net interest margin. The analyst says his new price target assumes FY20 earnings multiple of 10.3-times, down from 11.7-times FY19 estimate implied in the prior target. Diana also keeps his Buy rating on QCR Holdings given its favorable view by prospective M&A partners given its recent "successful acquisitions."
News For QCRH From the Last 2 Days
