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Stock Market & Financial Investment News

News Breaks
April 3, 2014
07:45 EDTFRCFirst Republic Bank downgraded to Buy from Conviction Buy at Goldman
Goldman removed First Republic Bank from the Conviction Buy List to Buy citing near-term headwinds from increased regulation. Price target is $61.
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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