Keefe, Bruyette & Woods Upgrades NewStar Financial (NEWS) to Outperform; Too Cheap to Pass
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Price: $11.98 --0%
Rating Summary:
0 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
0 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Keefe, Bruyette & Woods upgraded NewStar Financial (NASDAQ: NEWS) from Market Perform to Outperform. PT $12.
KBW analyst said, "We are upgrading NewStar shares to Outperform on valuation as the shares currently offer potential upside of 35% relative to our price target. Lowering EPS estimates but maintaining our price target."
For more ratings news on NewStar Financial click here and for the rating history of NewStar Financial click here.
Shares of NewStar Financial closed at $8.87 yesterday.
KBW analyst said, "We are upgrading NewStar shares to Outperform on valuation as the shares currently offer potential upside of 35% relative to our price target. Lowering EPS estimates but maintaining our price target."
For more ratings news on NewStar Financial click here and for the rating history of NewStar Financial click here.
Shares of NewStar Financial closed at $8.87 yesterday.
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