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Fly News Breaks for October 28, 2019
Oct 28, 2019 | 16:21 EDT
Stephens analyst Matt Breese resumed coverage of Signature Bank with an Overweight rating and $140 price target.
News For SBNY From the Last 2 Days
Jan 22, 2021 | 08:20 EST
Maxim analyst Michael Diana raised the firm's price target on Signature Bank to $200 from $172 and keeps a Buy rating on the shares. The company posted a "big" Q4 earnings beat with record deposit growth set to be deployed into new loans, the analyst tells investors in a research note. Diana is also updating his valuation model with a target multiple of 14.3-times earnings vs. 13.2-times prior.