Rochdale Securities Upgrades First Republic Bank (FRC) to Undervalued

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Earlier, Rochdale Securities' Dick Bove upgraded First Republic Bank (NYSE: FRC) from Fairly Valued to Undervalued with a price target of $41.00.

For an analyst ratings summary and ratings history on First Republic Bank click here. For more ratings news on First Republic Bank click here.

Shares of First Republic Bank closed at $33.75 yesterday, with a 52 week range of $24.74-$34.89.

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