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Keefe, Bruyette & Woods Downgrades National Bank Holdings (NBHC) to Market Perform

October 20, 2017 2:08 AM EDT

Keefe, Bruyette & Woods downgraded National Bank Holdings (NYSE: NBHC) from Outperform to Market Perform with a price target of $35.00.

Analyst Chris McGratty cites the nearly full valuation for the downgrade as the stock price approaches the target price.

For an analyst... More