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HomeStreet could sell off on merger termination, says Keefe Bruyette
The Fly

HomeStreet could sell off on merger termination, says Keefe Bruyette

Keefe Bruyette says that while the termination of HomeStreet’s (HMST) merger with FirstSun Capital (FSUN) is not a surprise given the October update, the stock could be weak today as the market officially removes the FirstSun acquisition premium. The firm has a Market Perform rating on the shares with a $14 price target.

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