UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Fulton Financial Corp.
In a report published Wednesday, Jefferies reiterated its Hold rating on Fulton Financial Corp. (NASDAQ: FULT ), and slightly raised its price target from $10.00 to $11.00. Jefferies noted, “We bump our estimates up a nickel to $0.85/$0.85 in '13/'14, respectively, to reflect stronger loan growth and faster credit leverage.
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