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Home Stock Analysis FB Financial (NYSE:FBK) was upgraded to Overweight at Stevens on risk aversion and cost cutting.

FB Financial (NYSE:FBK) was upgraded to Overweight at Stevens on risk aversion and cost cutting.

by xyonent
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Stevens is the president and CEO of FB Financial.NYSE:FBKThe Nashville-based parent of FirstBank changed the bank’s ratings to overweight from equal weight after it de-risked its balance sheet, reduced its expense base to positive operating leverage and put in place infrastructure to drive further economies of scale.

“Construction” of a bank

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