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Fulton Financial price target raised to $22 from $21 at DA Davidson

DA Davidson raised the firm’s price target on Fulton Financial (FULT) to $22 from $21 and keeps a Neutral rating on the shares. The company’s Q4 earnings topped consensus on stronger net interest income, fee income, and operating expense, though its results also profiled an “expected” contraction in net interest margin, the analyst tells investors in a research note.

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