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Fly News Breaks for February 9, 2016
TCB
Feb 9, 2016 | 06:32 EDT
Compass Point upgraded TCF Financial to Neutral and lowered its price target to $12.50 from $13. The firm's analyst said current valuation now reflects risks of low reserve levels, potential for higher deposit costs, and the overhang from the receipt of a NORA letter from the CFPB.
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