BB&T Capital Initiates Coverage on Monarch Financial (MNRK) with a Buy

March 17, 2009 12:44 PM EDT Send to a Friend
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Price: $11.45 -3.54%

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BB&T Capital initiates coverage on Monarch Financial (Nasdaq: MNRK) with a Buy. Price target $7.

Monarch Financial Holdings, Inc. (Monarch) is a bank holding company that operates through its wholly owned subsidiary, Monarch Bank (the Bank).

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