UPDATE: D.A. Davidson Initiates PrivateBancorp at Neutral on Strong Loan Growth

By: Benzinga
In a report published Friday, D.A. Davidson analyst Stephen Geyen initiated coverage on PrivateBancorp (NASDAQ: PVTB ) with a Neutral rating and $21.00 price target. In the report, D.A. Davidson noted, “PrivateBancorp has carved out an enviable position in the Chicago commercial lending middle-market with very impressive loan growth. Profitability,
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