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Fly News Breaks for April 24, 2015
TSC
Apr 24, 2015 | 07:38 EDT
Stephens upgrade TriState to Overweight and increased its price target to $15 from $11. The firm said TriState received a favorable capital rating from Basel III on its largest loan book and views its as a game changer for the company. Stephens said the ruling will allow TriState to capital optionality to acquire complementary businesses, accelerate loan growth and buyback shares.
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