Information Provided By:
Fly News Breaks for November 26, 2019
PBCT
Nov 26, 2019 | 07:56 EDT
Raymond James analyst William Wallace initiated coverage of People's United, which he calls a premier Northeast regional bank, with a Market Perform rating. The acquisition of United Financial Bancorp provides an earnings catalyst and meaningful market expansion into Central Connecticut and Western Massachusetts, but the risk/reward for the stock is balanced given his expectation for below-peer profitability through 2021, Wallace tells investors.
News For PBCT From the Last 2 Days
There are no results for your query PBCT