First Republic Bank (FRC) Misses Q3 EPS by 2c

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Go back to First Republic Bank (FRC) Misses Q3 EPS by 2c

Piper Jaffray Cuts Price Target on First Republic Bank (FRC) to $59 Following 3Q15.

October 16, 2015 8:04 AM EDT

Piper Jaffray reiterated a Neutral rating on First Republic Bank (NYSE: FRC), and cut the price target to $59.00 (from $61.00), following the company's 3Q15 earnings results. FRC posted 3Q15 operating EPS of $0.82, consistent with reported EPS and in-line with consensus. Operating expenses increased 5% LQ to... More