Jefferies Upgrades Susquehanna Bancshares (SUSQ) to Buy
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Price: $14.20 --0%
Rating Summary:
3 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
3 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Jefferies upgraded Susquehanna Bancshares (NASDAQ: SUSQ) from Hold to Buy with a $10 price target.
The firm said, "We believe the stock is oversold in the wake of the Tower deal announcement and EPS accretion targets are achievable, which provides an attractive entry point at under 11x 2012 EPS vs. 13x peer avg."
For more ratings news on Susquehanna Bancshares click here and for the rating history of Susquehanna Bancshares click here.
Shares of Susquehanna Bancshares closed at $7.69 yesterday.
The firm said, "We believe the stock is oversold in the wake of the Tower deal announcement and EPS accretion targets are achievable, which provides an attractive entry point at under 11x 2012 EPS vs. 13x peer avg."
For more ratings news on Susquehanna Bancshares click here and for the rating history of Susquehanna Bancshares click here.
Shares of Susquehanna Bancshares closed at $7.69 yesterday.
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