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OFG Bancorp price target lowered to $50 from $51 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on OFG Bancorp (OFG) to $50 from $51 and keeps an Outperform rating on the shares post the Q3 report. The firm still likes OFG’s positioning as the “challenger bank” in Puerto Rico.

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