SVB Financial Group Announces Stock Repurchase Program

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SVB Financial (SIVB) PT Raised to $275 at SunTrust Robinson Humphrey

November 14, 2018 7:40 AM EST

SunTrust Robinson Humphrey analyst Jennifer Demba raised the price target on SVB Financial (NASDAQ: SIVB) to $275.00 (from $270.00) while maintaining a Buy rating following the acquisition of Leerink and new $500M stock repurchase plan.

Demba said SVBs loan and fee income growth should... More