By: Benzinga
January 23, 2013 at 10:43 AM EST
UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on PrivateBancorp
In a report published Wednesday, BMO Capital Markets reiterated its Market Perform rating on PrivateBancorp (NASDAQ: PVTB ), and slightly raised its price target from $16.00 to $17.00. BMO Capital Markets noted, “PVTB posted much stronger-than-expected balance sheet growth, with average earning assets up 22% annualized (vs. our estimate of
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