Business

July 10, 2014 5:18 PM

Square 1 Financial upgraded to a "buy"

Analyst Aaron James Deer of Sandler O'Neill + Partners upgraded his rating on Square 1 Financial shares from a "hold" to a "buy" as the bank stands to benefit from a likely increase in interest rates, strong venture capital activity and a hike in the shares of publicly traded biotech and Internet stocks.

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