Deutsche Bank reiterates a 'Buy' rating for First Republic Bank, raising the target price by $4 to $52. The report highlights core NIM expansion in FY14, strong asset growth, and solid fee income growth. Risks include economic weakness in California and unfavorable tax policies.
documents/vol00010-efta01466222-pdf.pdf
{"title":"Deutsche Bank Markets Research - First Republic Bank","key_people":["Dave Rochester","Timur Braziler"],"document_date":"2013-10-15","document_type":"financial","key_locations":["North America","United States","California"],"document_subtype":"Research Report","key_organizations":["Deutsche Bank","First Republic Bank"],"reference_numbers":["EFTA01466222","EFTA01466223","EFTA01466224"]}