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RBC Capital Sticks to Their Hold Rating for BankUnited (BKU)

Tipranks - Tipranks - Tue Jan 13, 8:00PM CST

In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on BankUnited, with a price target of $48.00.

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Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, Associated Banc-Corp, and Home Bancshares. According to TipRanks, Arfstrom has an average return of 14.7% and a 61.15% success rate on recommended stocks.

Currently, the analyst consensus on BankUnited is a Moderate Buy with an average price target of $47.50.

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Based on BankUnited’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $722.47 million and a net profit of $67.43 million. In comparison, last year the company earned a revenue of $515.24 million and had a net profit of $61.45 million

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