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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:24 EDTFRCFirst Republic Bank should be bought on weakness, says RBC Capital
After First Republic announced a new stock offering, RBC Capital slightly lowered its EPS estimates for the company, but continues to view the stock as an attractive long-term holding. It recommends buying the shares on weakness but keeps a Sector Perform rating on the stock.
News For FRC From The Last 14 Days
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July 1, 2015
06:22 EDTFRCValley National upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Valley National (VLY) to Neutral saying interest rates being "low for long" could drive bank stocks above fair value at least over the short-term. The firm raised its price target for Valley to $11 from $9.50. JPMorgan also upgraded BankUnited (BKU) this morning to Overweight. Its top picks in the U.S. Mid- and Small-Cap Banks space are SVB Financial (SIVB), KeyCorp (KEY) and First Republic (FRC).

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