UPDATE: ISI Group Initiates Coverage on TCF Financial as Regulatory Concerns Limit Multiple Expansion

By: Benzinga
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
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