Keefe, Bruyette & Woods Resumes Coverage On CVB Financial At Outperform

According to Keefe, Bruyette & Woods, CVB Financial CVBF coverage is resumed at Outperform. Keefe, Bruyette & Woods said that following 1Q11, it is establishing EPS estimates for CVB Financial of $0.60 for 2011, $0.70 for 2012, and $0.90 for 2013. “We are setting a price target of $11 and resuming coverage with an Outperform rating. Our PT implies a total potential return to investors of 22%.” CVB Financial closed on Thursday at $9.30.