Zacks Investment Research downgraded shares of REPUBLIC FST BC (FRBK) from OUTPERFORM to NEUTRAL on December 03, 2012, with a target price of $2.40.
REPUBLIC FST BC is a two-bank holding company. Its wholly-owned subsidiaries, FirstRepublic Bank, and Republic First Bank of Delaware, offer banking services to individuals and businesses throughout the Greater Philadelphia, Delaware and South Jersey area. They provide banking services through the Banks and do not presently engage in any activities other than these bankinga ctivities.
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