Keefe, Bruyette & Woods Downgrades First Busey (BUSE) to Underperform; Investments Increase Expenses

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. SPY
3. GLOB
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

January 30, 2012 8:12 AM EST
Get Alerts BUSE Hot Sheet
Price: $31.23 +0.13%

Rating Summary:
    5 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Keefe, Bruyette & Woods downgraded First Busey (NASDAQ: BUSE) to Underperform, price target lowered to $4.25.

KBW analyst says, 'First Busey reported Q4 operating EPS of $0.05, which was below our estimate and consensus. The miss was driven by an increase in expenses as the company indicated it's investing in personnel in an effort to increase revenues and grow loans. Following 4Q, we are downgrading the shares to Underperform based on valuation and lowering our estimates and PT."

For an analyst ratings summary and ratings history on First Busey click here. For more ratings news on First Busey click here.

Shares of First Busey closed at $5.20 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

Keefe, Bruyette & Woods