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Fly News Breaks for January 30, 2020
PB
Jan 30, 2020 | 08:03 EDT
Raymond James analyst Michael Rose upgraded Prosperity Bancshares to Outperform from Market Perform with a $78 price target following Q4 results that exceeded expectations. Rose tells investors in a research note that the financial and strategic merits of its recently-closed acquisition of LegacyTexas are coming together more quickly than he had previously projected where he sees potential for further positive EPS revisions based on its execution from here.