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Re: HMONNY post# 19332

Wednesday, 11/09/2016 11:45:20 AM

Wednesday, November 09, 2016 11:45:20 AM

Post# of 22510
It may but expect it to move slow and incrementally. The holidays, anticipation and reaction to political appointments(including potentially Yellen) and finally actual rate moves will be the catalysts. In other words cautious optimism. The management team will already be working on plans to benefit from the various scenarios so I expect several PRs to that effect. This includes PRs from others (namely Jamie Dimon). To finding a right number I would suggest you might be on the low side. My target for next year is $35 and to me that is low. GLTY
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