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Enter Symbol:
Rating: BKU
Outperform $37

BankUnited (NYSE: BKU) upgraded to Outperform with price target $37 by Credit Suisse

Monday,  Feb 24, 2014  8:25 AM ET by Kristen Bailey

Credit Suisse upgraded BankUnited (NYSE: BKU) to Outperform with
price target $37. Credit Suisse rated BankUnited (NYSE: BKU) to Neutral on 11/20/2012, when the price was $22.91.

BankUnited, Inc. is a savings and loan holding company with two wholly owned subsidiaries: BankUnited and BankUnited Investment Services. The Bank had 78 branches in 13 Florida counties as of June 30, 2010. Through BankUnited, it delivers a range of traditional depository and lending products, online banking services and cash management tools to its customers. Through its non-bank subsidiary, BankUnited Investment Services, the Company offers wealth management products, as well as succession planning, estate planning and financial planning services. Its market area consists of southeast region of the United States with a focus on Florida, and in particular the Miami MSA. During the year ended December 31, 2010, it acquired two businesses to start its leasing platform on a national basis. Through United Capital Business Lending, it offers equipment financing services and through Pinnacle Public Finance, it offers municipal leasing services.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.

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