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Fly News Breaks for January 23, 2018
TBK
Jan 23, 2018 | 05:39 EDT
Piper Jaffray analyst Brett Rabatin upgraded Triumph Bancorp to Overweight and raised his price target for the shares to $42.50 from $35. The analyst has higher confidence on high-teen core earnings growth over the next two years due to a lower tax rate. He believes the company's revenue fundamentals are "very good."
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