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Fly News Breaks for November 26, 2019
UVSP
Nov 26, 2019 | 07:57 EDT
Raymond James analyst William Wallace initiated coverage of Univest Financial with an Outperform rating and $29 price target. The analyst believes Univest will have "ample" opportunities for organic growth given the relative strength of the Philadelphia-Camden-Wilmington metropolitan statistical area. He forecasts 6%-7% organic annual loan growth through 2021.