KBW Maintains Outperform on St. Joe Company (JOE)

KBW is out with its report today on St. Joe's Company JOE, maintaining Outperform. In a note to clients, KBW writes, "JOE is scheduled now to report Q4 earnings after the close Tuesday, March 1st. The focus will be less on EPS number, which is expected to be negative, but more on strategic initiatives, the recent Board changes, and public dialogue with Fairholme (JOE's largest investor). Record date for shareholder vote is March 18th. Maintain Outperform." KBW maintains a $33 PT on JOE. JOE closed Friday at $27.67.