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Keefe, Bruyette & Woods Upgrades Bank of Marin (BMRC) to Outperform Following Strong 2Q10

Keefe, Bruyette & Woods upgrades Bank of Marin (Nasdaq: BMRC) from Market Perform to Outperform. PT $40. Keefe analyst says, "BMRC reported EPS of $0.63, $0.07 above consensus and $0.08 above our estimate. The beat relative to our estimate was primarily due to higher net interest income and a lower provision expense, partially offset by higher...

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