Keefe, Bruyette & Woods Initiates Coverage on First Financial Holdings (FFCH) with an Outperform
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- Keefe, Bruyette & Woods Initiates Coverage on First Financial Holdings (FFCH) with an Outperform
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Keefe, Bruyette & Woods initiates coverage on First Financial Holdings (Nasdaq: FFCH) with an Outperform. Price target $20.
Keefe analyst says, "We believe First Financial Holdings offers investors a high-quality, valuable franchise with strategic advantages as a beneficiary of FDIC-assisted transactions, strong core profitability, a recently strengthened capital base, and important recent additions to the management team...We are establishing operating 2009 and 2010 EPS estimates of $0.19 and $0.65, respectively."
To see more analyst ratings on FFCH Click Here.
First Financial Holdings, Inc. operates as the holding company for First Federal Savings and Loan Association of Charleston (First Federal) that provides various banking and other related financial services.
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