Wunderlich Securities Raises BancorpSouth PT, Maintains Hold

Wunderlich Securities raised its BancorpSouth BXS price target from $12 to $13 and maintained its BancorpSouth Hold rating in a research report published today. In the report, Wunderlich Securities states, "We are encouraged by the progress seen in 2Q, but remain on the sidelines as we await more clarity with respect to a more evident trend in credit quality and capital levels over the next few quarters." Shares of BancorpSouth were trading at $14.08 at the time of posting, up 11.30% from Monday's market close.