Wunderlich Securities maintained its Bank of the Ozarks OZRK Buy rating and $57 price target in a research report published today.
In the report, Wunderlich Securities states, "We maintain our Buy rating on Bank of the Ozarks (OZRK) and our $57 target.
OZRK reported 2Q11 EPS of $2.91 ($0.79 core EPS), easily exceeding both our estimate and consensus, representing the thirteenth straight quarter exceeding consensus. This was another strong quarter for OZRK, aided by bargain purchase gains on two FDIC-assisted transactions completed in the quarter."
Shares of Bank of the Ozarks were trading at $51.83 at the time of posting, down 2.58% from Wednesday's market close.
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