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Fly News Breaks for December 24, 2019
CBSH
Dec 24, 2019 | 08:55 EDT
DA Davidson analyst Jeff Rulis raises his price target on Commerce Bancshares to $69 but keeps his Neutral rating and lowers his FY20 EPS view by 20c to $3.60 to reflect the bank's 5% dividend announced earlier this month. The analyst continues to see Commerce Bancshares as a "balanced, high quality holding with steady performance and limited credit concerns".
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