Wunderlich Securities Suspends Coverage of Sterling Bancshares

Wunderlich Securities suspended its coverage of Sterling Bancshares SBIB. In a research report published today, Wunderlich states, "We are terminating coverage of Sterling Bancshares (SBIB). We suspended our rating, price target, and estimates on January 19, 2011. We do not intend to provide further updates or analysis of Sterling Bancshares." On Friday, Sterling Bancshares lost 1.73% of its value to close the week at $8.54.