Send to a Friend Share

FBR Capital Upgrades Webster Financial (WBS) to Market Perform

June 26, 2009 7:40 AM EDT
WBS Hot Sheet
Rating Summary:
    4 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
FBR Capital upgrades Webster Financial Corp. (NYSE: WBS) from Underperform to Market Perform and raises their price target from $6 to $8, citing improvement in its capital following its relatively successful preferred and TRUPs tender offer.

Webster Financial Corporation operates as the holding company for the Webster Bank that provides business and consumer banking, mortgage lending, financial planning, and trust and investment services to individuals, families, and businesses.

You May Also Be Interested In


Related Categories

Upgrades

Add Your Comment





Follow StreetInsider.com On Twitter