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F.N.B. price target raised to $19 from $17 at DA Davidson

DA Davidson analyst Manuel Navas raised the firm’s price target on F.N.B. (FNB) to $19 from $17 and keeps a Buy rating on the shares. DA Davidson sees potential upside on net interest margin and net interest income given neutral balance sheet positioning and expectations that Commercial loan growth re-accelerates, the analyst tells investors in a research note.

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