Keefe Bruyette & Woods Downgrades First Republic Bank To Market Perform

Analysts at Keefe Bruyette & Woods downgraded

from Outperform to Market Perform. The price target for First Republic Bank is set to $55. First Republic Bank shares have surged 3.79% over the past 52 weeks, while the S&P 500 index has gained 15.17% in the same period. First Republic Bank's shares fell 1.33% to close at $51.21 on Friday.