UPDATE: Morgan Stanley Initiates Signature Bank with Overweight on Positive Outlook
June 06, 2013 at 10:14 AM EDT
In a report published on Thursday, Morgan Stanley analyst Ken Zerbe initiated coverage on Signature Bank (NASDAQ: SBNY ) with an Overweight rating and an $86.00 price target based on sustainable organic growth for the company. In the report, Zerbe stated, "Signature is not a mass market bank, nor
