United Financial Bancorp (UBNK) Misses Q4 EPS by 3c

Go back to United Financial Bancorp (UBNK) Misses Q4 EPS by 3c

Piper Jaffray Cuts Price Target on United Financial Bancorp (UBNK) Due to Higher Expenses

January 28, 2016 9:42 AM EST

Piper Jaffray maintained an Overweight rating on United Financial (NASDAQ: UBNK), and cut the price target to $12.50 (from $13.50), following the company's 4Q earnings report. The company reported a 4Q miss ($0.23 EPS), and announced the acquisition of a marine portfolio, and hiring of a 13 person team to grow the business. 2017 EPS estimates... More