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Fly News Breaks for September 28, 2016
SBNY
Sep 28, 2016 | 05:28 EDT
Barclays analyst Matthew Keating upgraded Signature Bank to Overweight and makes the shares his new Top Pick in Financial Services. The stock's valuation is attractive and concerns around the company's commercial real estate concentration risk are exaggerated, Keating tells investors in a research note. He lowered his price target for Signature to $139 from $150.
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