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Stock Market & Financial Investment News

News Breaks
August 30, 2013
08:15 EDTFMBC, PBProsperity Bancshares acquisition positive, says FBR Capital
After Prosperity Bancshares (PB) agreed to merge with F&M Bancorporation (FMBC), FBR Capital notes that the deal will be accretive and says it occurred sooner than expected. The firm raised its price target on Prosperity to $60 from $55 and reiterates a Market Perform rating on the stock.
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