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Fly News Breaks for January 29, 2020
WSBC
Jan 29, 2020 | 05:11 EDT
Keefe Bruyette analyst Catherine Mealor downgraded WesBanco to Market Perform from Outperform with a price target of $37, down from $41. The company's core net inters margin compression was a disappointment in Q4, Mealor tells investors in a research note. The analyst sees limited share upside after dropping her estimates by 10% to account for the lower margin guide and higher expenses.