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Fly News Breaks for May 24, 2017
SBNY
May 24, 2017 | 08:03 EDT
BofA/Merrill analyst Ebrahim Poonawala added Signature Bank to the US 1 List to reflect above average growth and return outlook, overdone funding cost concerns, and potential M&A from larger banks if valuation stays depressed. The analyst rates Signature Bank a Buy with a $175 price target.
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