Regional Banks

Wunderlich Securities reiterated its Buy rating on Bank of Marin (NASDAQ: BMRC). At the same time, the rating agency left its price target on the company's stock unchanged at $42. On Monday, BMRC added 0.52% to its value to finish the day at $37.

Rodman & Renshaw reiterated its Market Outperform rating on CenterState Banks (NASDAQ: CSFL). At the same time, the rating agency reduced its price target on the company's stock from $9.50 to $8.50. On Monday, CSFL lost 0.31% of its value to finish the day at $6.48.

Wunderlich Securities reiterated its Bank of Hawaii (NYSE: BOH) Buy rating and $55 price target in a research report published today. In the report, Wunderlich Securities states, "BOH is likely to continue driving above-average returns that are steady, predictable, and repeatable for the...

The Resolute® drug-eluting stent (DES) from Medtronic, Inc. (NYSE: MDT), showed superiority to Boston Scientific Corp.'s Taxus® DES on the primary endpoint of the RESOLUTE Japan clinical study: in-stent late lumen loss at eight months. The primary endpoint of RESOLUTE Japan compared 100 patients...

According to Stern, Agee & Leach Western Alliance Bancorporation (NYSE: WAL), EPS estimates have been updated. Stern, Agee & Leach has set WAL's rating to Neutral. FY11 EPS estimates have been increased to $0.24, reiterated at $0.54 for FY12, and established at $0.77 for FY13. WAL closed...

International Finance Corporation (IFC), the private investment-arm of the World Bank Group, recently announced it will make an equity investment of USD 4.6 million and a medium-term loan of USD 9 million in Caja Nuestra Gente, a microfinance institution (MFI) in Peru owned by Spain's BBVA...

TOP Ships Inc (NASDAQ: TOPS) shares lost 11.76% to create a new 52-week low of $2.68. TOPS' 52-week trading range is $0.35-$2.98. RRSat Global Communications Network Ltd (NASDAQ: RRST) shares fell 5.00% to touch a new 52-week low of $5.70. RRST shares have dropped 29.82% over the past 52 weeks,...

Sterne Agee has published a report on SVB Financial Group (NASDAQ: SIVB). In the report, Sterne Agee wrote, "Thoughts on the Shares. We continue to think the longer-term outlook for SIVB shares is very positive, but we have not been more constructive on the name given the valuation and our view...

Morgan Keegan is out with its report today on Hancock (NASDAQ: HBHC), raising its PT from $34 to $36. In a note to clients, Morgan Keegan writes, "We are raising our FY11 and FY12 EPS estimates to $2.00 from $1.60 and to $2.60 from $2.45 respectively with the increase driven by the exclusion of...

According to J.P. Morgan, SunTrust (NYSE: STI), EPS estimates are revised. J.P. Morgan reported an increase in 2011 EPS estimates from $1.24 to $1.25. PT is set at $35 and rating is set to Neutral. SunTrust closed on Friday at $25.95 .

This is your Benzinga news summary and traders' outlook for Monday, July 25, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Congress failed to work out a deal to raise the debt ceiling over...

Jefferies is out with its report today on Western Alliance (NYSE: WAL), raising its PT from $8.50 to $9. In a note to clients, Jefferies writes, "WAL's solid 2Q results support our thesis that asset quality and growth prospects remain favorable. SBLF approval remains an unknown, but we believe the...

Jefferies is out with its report today on Associated Banc-Corp (NASDAQ: ASBC), upgrading ASBC from Hold to Buy. In a note to clients, Jefferies writes, "We are upgrading ASBC to Buy (from Hold) following the release of 2Q earnings results on 7/21. The company has distinctive loan growth...

Jefferies & Company upgrades Associated Banc-Corp (NASDAQ: ASBC) from Hold to Buy and has established a $16 price target.

Rodman & Renshaw reiterated its Market Outperform rating on CoBiz Financial (NASDAQ: COBZ). At the same time, the rating agency reduced its price target on the company's stock from $8 to $7.50. On Friday, lost 0.48% of its value to finish the week at $6.17.