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Fly News Breaks for July 22, 2016
SFNC
Jul 22, 2016 | 09:25 EDT
Stephens analyst Matt Olney downgraded Simmons First National to Equal Weight from Overweight given the stock limited upside from current levels. The analyst says the company's Q2 results were highlighted by NIM compression from lower accretion, elevated loan loss provision expense and excellent expense management. Olney lowered his price target on the shares to $50 from $52.
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