FBR Capital Upgrades Prosperity Bancshares (PB) to Outperform

October 11, 2016 8:45 AM EDT
Get Alerts PB Hot Sheet
Price: $56.06 +0.88%

Rating Summary:
    4 Buy, 10 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 24 | Down: 25 | New: 8
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FBR Capital upgraded Prosperity Bancshares (NYSE: PB) from Market Perform to Outperform.

The analyst believes expectations for the Texas economy should improve, helped by relative stability in the price of oil.

For an analyst ratings summary and ratings history on Prosperity Bancshares click here. For more ratings news on Prosperity Bancshares click here.

Shares of Prosperity Bancshares closed at $55.48 yesterday.

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