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FVCBankcorp assumed with an Overweight at Piper Sandler

Piper Sandler assumed coverage of FVCBankcorp (FVCB) with an Overweight rating and $16 price target The firm sees an attractive valuation and improving profitability for the bank. FVCBankcorp has a geographically well positioned franchise and strong capital levels with a low-risk credit profile, the analyst tells investors in a research note.

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