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Fly News Breaks for October 20, 2017
TBK
Oct 20, 2017 | 07:04 EDT
DA Davidson analyst Gary Tenner raised his price target on Triumph Bancorp to $36 and kept his Buy rating following Q3 results. Tenner anticipates a strong Q4 given the momentum in loan growth as well as the addition of Independent Bank branches earlier this month. The analyst also notes that net interest margins remained firm, while the management remains focused on more M&A activity.
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