KBW Maintains MP Rating And $6.25 PT On SWS

KBW is maintaining its Market Perform rating and $6.25 price target on shares of SWS Group Inc. SWS. “Results missed on weaker revenues as three of the four business segments lost money in the quarter,” KBW writes. “SWS also rejected a revised acquisition proposal from Sterne Agee for $7.50 per share and will continue to pursue $100 mil. in debt financing from two private equity firms.” SWS Group closed Wednesday at $6.54.