Analyst Ratings for TCF Financial (TCB)

Overall Rating: NEUTRAL Rating Trend:

Avg. $ Target: $12.05 (-17.9%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
4/19/2013	Sterne Agee	Downgrade	Neutral (Buy)	N/A (N/A)	14.28	14.68	2.8%	Details
4/3/2013	Oppenheimer	Downgrade	Perform (Outperform)	N/A (N/A)	14.76	14.68	-0.54%	Details
1/31/2013	Stifel Nicolaus	Downgrade	Hold (Buy)	N/A (N/A)	13.50	14.68	8.74%	Details
8/24/2012	BMO Capital	Upgrade	Outperform (Market Perform)	13.00 (N/A)	10.44	14.68	40.61%	Details
3/14/2012	FBR Capital » Updated 1/31/2013	Downgrade	Underperform (N/A)	9.50 (8.50)	11.53	14.68	27.32%	Details
2/17/2012	Raymond James	Downgrade	Underperform (N/A)	N/A (N/A)	11.22	14.68	30.84%	Details
1/31/2012	Morgan Stanley	Downgrade	Equalweight (N/A)	N/A (N/A)	10.34	14.68	41.97%	Details
1/25/2012	Evercore Partners	Downgrade	Underweight (N/A)	9.50 (N/A)	10.57	14.68	38.88%	Details
1/10/2012	Macquarie	Downgrade	Neutral (N/A)	11.50 (N/A)	11.24	14.68	30.6%	Details
12/14/2011	JPMorgan	Downgrade	Neutral (N/A)	11.50 (N/A)	9.92	14.68	47.98%	Details
11/8/2011	UBS » Updated 1/25/2012	New Coverage	Buy (N/A)	13.00 (N/A)	10.96	14.68	33.94%	Details
10/31/2011	Compass Point » Updated 7/20/2012	Downgrade	Sell (N/A)	8.50 (N/A)	11.24	14.68	30.6%	Details
1/5/2011	Deutsche Bank » Updated 4/4/2013	Upgrade	Buy (N/A)	15.00 (14.00)	15.04	14.68	-2.39%	Details
12/15/2010	BofA/Merrill Lynch	New Coverage	Underperform (N/A)	N/A (N/A)	14.97	14.68	-1.94%	Details
11/11/2010	Jefferies » Updated 1/31/2013	New Coverage	Hold (N/A)	14.00 (13.00)	13.97	14.68	5.08%	Details

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