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Stock Market & Financial Investment News

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January 17, 2014
08:41 EDTRCAPRCS Capital acquisition of Cetera transformative, says JMP Securities
After RCS Capital agreed to buy Cetera Financial, JMP Securities thinks the deal is transformative for RCS, given the size of the deal and its creation of the second largest independent advisor network. The firm reiterates a $22 price target and Outperform rating on the stock.
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