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Fly News Breaks for June 28, 2017
SBNY
Jun 28, 2017 | 08:41 EDT
Wedbush analyst David J. Chiaverini started coverage of Signature Bank with a $165 price target and an Outperform rating, The analyst says that the company should be able to grow going forward by continuing to hire "seasoned banking teams" from its competitors. The analyst adds that the company's "above-average loan and deposit growth," along with its attractive valuation, make it "a compelling investment opportunity."
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