Signature Bank (SBNY +0.1%) is reiterated as top near-term pick at Maxim Group which ups its...

|About: Signature Bank (SBNY)|By:, SA News Editor

Signature Bank (SBNY +0.1%) is reiterated as top near-term pick at Maxim Group which ups its price target to $95 from $90. Analyst Mike Diana notes the recruitment of a new banking team from the big leagues (Citi and JPMorgan) which should help sustain growth at a time when the takeover business is slow.