United Financial Bancorp (UBNK) Reports In-Line Q1 EPS

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Piper Jaffray Downgrades United Financial (UBNK) to Neutral

April 21, 2016 6:51 AM EDT

Piper Jaffray downgraded United Financial (NASDAQ: UBNK) from Overweight to Neutral with a price target of $12.50.

Analyst Matthew Breese commented, "We are downgrading shares of UBNK to Neutral from Overweight, as we now see shares as fairly valued trading at 129% of TBV... More