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Fly News Breaks for January 25, 2019
UCBI
Jan 25, 2019 | 07:12 EDT
SunTrust analyst Jennifer Demba raised her price target on United Community Banks to $29 after its Q4 earnings beat on higher spread income that was "partially offset by higher expenses and higher provisioning". The analyst also keeps her Hold rating and recommends that the bank make "more strides in Atlanta commercial banking following the hiring of a metro market president". Demba states that she could turn more constructive on the shares in case of a stock price pullback.
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