UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Signature Bank on Multiple Positive Factors

In a report published Wednesday, Deutsche Bank analyst Dave Rochester reiterated a Buy rating on

, and raised the price target from $135.00 to $138.00. In the report, Deutsche Bank noted, “Still a beat-and-raise story on stronger loan growth potential, coming into a seasonally stronger 2Q, 6% upside to consensus EPS, 20%+ EPS growth expected in FY14/FY15 supports upside.” Signature Bank closed on Tuesday at $118.03.