Signature Bank (SBNY) Tops Q3 EPS by 6c

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Jefferies Raises Price Target on Signature Bank (SBNY) Following 3Q15 Beat

October 21, 2015 9:24 AM EDT

Jefferies reiterated a Buy rating on Signature Bank (NASDAQ: SBNY), and raised the price target to $168.00 (from $161.00), following the company's 3Q15 earnings results.

Analyst Casey Haire commented, "Although 3Q results beat our model and delivered positive net income estimate... More