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Popular BPOP (news,
chart,
quote) - BPOP volatility Elevated; shares near 12-year low
BPOP, a diversified bank holding company based in Puerto Rico, closed at $6.88. Kaufman Bros say's downgrading to Hold from Buy; Lowering target price to $9.50." BPOP August and October option implied volatility of 74 is above its 26-week average of 55 according to Track Data, suggesting larger price movement.
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