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Wedbush upgrades Silicon Valley Bank to outperform

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Wedbush upgrades Silicon Valley Bank to outperform

Wedbush Securities analyst David J. Chiaverini on Friday upgraded SVB Financial Group
SIVB,
+1.77%
to outperform from neutral and raised the bank’s 12-month price target to $700 a share from $600 a share. Chiaverini said the parent company of Silicon…

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