UPDATE: ISI Group Initiates Coverage on TCF Financial as Regulatory Concerns Limit Multiple Expansion
October 08, 2013 at 13:16 PM EDT
In a report published Tuesday, ISI Group analyst Keith Murray initiated coverage on TCF Financial Corporation (NYSE: TCB ) with a Neutral rating and $15.50 price target. In the report, ISI Group noted, “We are initiating coverage of TCF with a Neutral rating and 12-month price target of $15.50. TCF