Signature Bank (SBNY) Tops Q2 EPS by 4c

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Jefferies Boosts Est/PT on Signature Bank (SBNY)

July 24, 2013 12:57 PM EDT

Jefferies lifted estimates and its price target on Buy-rated Signature Bank (NASDAQ: SBNY) from $95 to $97 following solid Q4 results.

Analyst Casey Haire comments, "We raise our 2014 estimate $0.25 to $5.10 following another strong beat. Key delta is a stable NIM outlook, which... More