Keefe, Bruyette & Woods Downgrades Towne Bank to Market Perform, Lowers Price Target to $38

TowneBank

TowneBank

TOWN

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Keefe, Bruyette & Woods analyst Catherine Mealor downgrades Towne Bank (NASDAQ: TOWN) from Outperform to Market Perform and lowers the price target from $42 to $38.