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Fly News Breaks for April 24, 2018
SASR
Apr 24, 2018 | 05:28 EDT
Keefe Bruyette analyst Catherine Mealor upgraded Sandy Spring Bancorp to Outperform and raised her price target for the shares to $47 from $44. The upward trend in consensus estimates is not reflected in the current valuation, Mealor tells investors in a research note. She believes the stock is undervalued following last week's "strong" Q1 results.