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Enter Symbol:
 
First Republic Bank (FRC) [hlAlert]

Rating:
Outperform
FRC
up 52.04 %

First Republic Bank (FRC) rated Outperform by Raymond James

Posted on: Tuesday,  Jul 16, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform First Republic Bank (NYSE: FRC) on 07/16/2013, when the stock price was $39.70. Since
then, First Republic Bank has gained 52.04% as of 01/21/2016's recent price of $60.36.
If you would have followed this Raymond James's recommendation on FRC, you would have gained 52.04% of your investment in 919 days.

First Republic Bank (First Republic) is a state-chartered commercial bank and trust company. The Company is a provider of private banking and wealth management services. The services offered by the Company include private banking, private business banking, real estate lending, wealth management and trust services. The Company provides personalized investment solutions for individuals, families, foundations, endowments and organizations. The Company offers a range of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. As of February 21, 2011, the Company had 61 offices, which were located in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2013 8:25 AM Buy
None
39.70
as of 12/13/2013
1 Week down  -0.01 %
1 Month up  3.05 %
3 Months up  11.78 %
1 YTD up  28.26 %

(*) Stock Price at the time of the recommendation.
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