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

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