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Evercore Partners Upgrades City National To Overweight, $58 PT
Tuesday, August 23, 2011 - 5:16am | 27Evercore Partners has upgraded City National Corporaiton (NYSE: CYN) from Equal-weight to Overweight and has established a $58 price target.
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Sterne Agee Lowers PT on East West Bancorp To $21
Tuesday, August 23, 2011 - 4:45am | 28Sterne Agee has lowered the price target on East West Bancorp (NASDAQ: EWBC) from $26 to $21 and maintains its Buy rating.
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Waccamaw Bankshares Receives Letter From Nasdaq Relating to Its Late Form 10-Q
Monday, August 22, 2011 - 3:30pm | 119Waccamaw Bankshares, Inc. (NASDAQ: WBNK) announced today that it received a non-compliance notice from The Nasdaq Stock Market stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the company has not timely filed its Quarterly Report on Form 10-Q for the quarter...
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NASDAQ Stocks Hitting 52-Week Lows
Monday, August 22, 2011 - 9:33am | 133VIST Financial Corp (NASDAQ: VIST) shares fell 2.43% to create a new 52-week low of $6.02. VIST shares have dropped 18.71% over the past 52 weeks, while the S&P 500 index has gained 4.84% in the same period. Synutra International Inc (NASDAQ: SYUT) shares dropped 0.86% to create a new 52-week...
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Sandler O'Neill Upgrades Southern Bancorp To Buy
Monday, August 22, 2011 - 8:49am | 21Sandler O'Neill has upgraded Great Southern Bancorp (NASDAQ: GSBC) from Hold to Buy.
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Sandler O'Neill Upgrades Old National Bancorp To Buy
Monday, August 22, 2011 - 8:41am | 21Sandler O'Neill has upgraded Old National Bancorp (NYSE: ONB) from Hold to Buy.
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UPDATE: Stifel Nicolaus Susquehanna Bancshares to Hold
Monday, August 22, 2011 - 8:19am | 110Stifel Nicolaus is out with its report today on Susquehanna Bancshares (NASDAQ: SUSQ), upgrading SUSQ to Hold from Sell. In its report, Stifel Nicolaus writes, "If we assumed an 70% weighting on SUSQ's financial P/TB multiple (96%) and a 30% weighting on its qualitative multiple (123%), we derive...
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UPDATE: Stifel Nicolaus Upgrades WesBanco to Buy
Monday, August 22, 2011 - 8:05am | 112Stifel Nicolaus is out with its report today on WesBanco (NASDAQ: WSBC), upgrading WSBC to Buy. In its report, Stifel Nicolaus writes, "The company has done an admirable job, in our opinion, of driving a smaller but more profitable balance sheet over the course of the cycle that combined with...
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UPDATE: Stifel Nicolaus Upgrades Investors Bancorp to Buy
Monday, August 22, 2011 - 7:59am | 83Stifel Nicolaus is out with its report today on Investors Bancorp (NASDAQ: ISBC), upgrading ISBC to Buy from Hold. In its report, Stifel Nicolaus writes, "If we assumed a 90% weighting on ISBC's financial multiple and a 10% weighting on its qualitative multiple, we derive a blended P/TB multiple...
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UPDATE: Stifel Nicolaus Upgrades Fulton Financial to Buy
Monday, August 22, 2011 - 7:44am | 84Stifel Nicolaus is out with its report today on Fulton Financial (NASDAQ: FULT), upgrading FULT to Buy from Hold. In its report, Stifel Nicolaus writes, "If we assumed a 70% weighting on FULT's financial multiple and a 30% weighting on its qualitative multiple, we derive a blended P/TB multiple of...
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Stifel Nicolaus Downgrades Sterling Bancorp To Hold, Removes PT
Monday, August 22, 2011 - 7:32am | 26Stifel Nicolaus has downgraded Sterling Bancorp (NYSE: STL) from Buy to Hold and has removed its $12.50 price target.
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Stifel Nicolaus Upgrades WesBanco To Buy, $22 PT
Monday, August 22, 2011 - 7:31am | 25Stifel Nicolaus has upgraded WesBanco (NASDAQ: WSBC) from Hold to Buy and has established a $22 price target.
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Stifel Nicolaus Upgrades Webster Financial To Buy, $21 PT
Monday, August 22, 2011 - 7:29am | 26Stifel Nicolaus has upgraded Webster Financial (NYSE: WBS) from Hold to Buy and has established a $21 price target.
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Stifel Nicolaus Upgrades United Bankshares To Buy, $22 PT
Monday, August 22, 2011 - 7:28am | 26Stifel Nicolaus has upgraded United Bankshares (NASDAQ: UBSI) from Hold to Buy and has established a $22 price target.
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Stifel Nicolaus Upgrades Susquehanna Bancshares To Hold
Monday, August 22, 2011 - 7:22am | 20Stifel Nicolaus has upgraded Susquehanna Bancshares (NASDAQ: SUSQ) from Sell to Hold.