Sandler O’Neill Upgrades Bancorp Rhode Island (BARI) to Buy

April 20, 2011 1:35 PM EDT
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Price: $39.70 --0%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Sandler O’Neill upgraded shares of Bancorp Rhode Island (NASDAQ: BARI) from Hold to Buy Wednesday following news the company will be acquired by Brookline Bancorp (Nasdaq: BRKL) in a $234 million deal.

Shares of BARI are up 44 percent Wednesday.

For more ratings news on Bancorp Rhode Island click here and for the rating history of Bancorp Rhode Island click here.


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