Shares of First Republic Bank (NYSE: FRC) are down over 20% on Friday after a Wedbush Securities’ analyst turned super bearish on the regional players. First Republic stock downgraded to neutral Last night, a consortium of financial behemoths confirmed plans of injecting $30 billion into the commercial bank to deliver it from the ongoing turmoil. […]
Full ArticleWedbush analyst says First Republic stock turmoil is not over just yet
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