Piper Jaffray Upgrades People's United Financial (PBCT) to Neutral

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April 20, 2018 4:29 AM EDT
Get Alerts PBCT Hot Sheet
Price: $19.41 --0%

Rating Summary:
    3 Buy, 18 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Piper Jaffray upgraded People's United Financial (NASDAQ: PBCT) from Underweight to Neutral with a price target of $18.00.

Analyst Matt Breese believes the valuation is nearing full value and no long expects the equity to underperform over the coming 12 months.

For an analyst ratings summary and ratings history on People's United Financial click here. For more ratings news on People's United Financial click here.

Shares of People's United Financial closed at $18.07 yesterday.


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