Keefe, Bruyette & Woods Raises Estimates On German American Bancorp

According to Keefe, Bruyette & Woods, German American Bancorp GABC estimates are raised. Keefe, Bruyette & Woods said that German American posted 2Q11 operating EPS of $0.39, which was well ahead of the estimate and consensus. “Following 2Q results, we are raising our earnings estimates and price target.” German American Bancorp closed yesterday at $16.66.