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Fly News Breaks for January 24, 2018
WTFC
Jan 24, 2018 | 06:57 EDT
DA Davidson analyst Kevin Reevey raised his price target on Wintrust Financial to $93 after Q4 earnings, saying the EPS decline from the past quarter was due to higher noninterest expenses that was partially offset by higher spread income. Reevey attributes the price target increase "mainly on lower effective corporate tax rate" expectations, while also keeping his Neutral rating on Wintrust Financial.
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