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Fly News Breaks for November 21, 2018
UMPQ
Nov 21, 2018 | 06:08 EDT
Piper Jaffray analyst Matthew Clark upgraded Umpqua Holdings to Neutral with an unchanged price target of $20. The analyst sees fewer earnings headwinds and notes the stock is down 9% year-to-date. Sentiment is "washed out" and the shares now offer a 4.4% dividend yield and trade at a modest discount to peers, Clark tells investors in a research note.
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