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

Rating:
Buy FRC
up 58.13 %

First Republic Bank (FRC) rated Buy with price target $75 by Maxim Group

Posted on: Friday,  Jul 17, 2015  8:25 AM ET by Maxim Group

Maxim Group rated Buy First Republic Bank (NYSE: FRC) on 07/17/2015. Previously Maxim Group rated Buy First Republic Bank (NYSE: FRC) on
05/23/2013., when the stock price was $38.17. Since then, First Republic Bank has gained 58.13% as of 01/21/2016's recent price of $60.36.
If you would have followed the previous Maxim Group's recommendation on FRC, you would have gained 58.13% of your investment in 973 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2015 8:25 AM Buy
None
63.41 75.00
as of 8/27/2015
1 Week down  -1.80 %
1 Month down  -6.28 %
3 Months down  -1.11 %
1 YTD up  15.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2013 8:25 AM Buy
None
47.02 55.00
5/23/2013 9:25 AM Buy
None
38.17 46.00

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