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Prosperity Bancshares price target raised to $95 from $80 at Compass Point

Prosperity Bancshares price target raised to $95 from $80 at Compass Point

Compass Point analyst David Rochester raised the firm’s price target on Prosperity Bancshares (PB) to $95 from $80 and keeps a Buy rating on the shares. The firm has updated thoughts on bank M&A and the impact of Trump’s victory on bank valuation, stock price and EPS changes, the analyst tells investors.

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