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Fly News Breaks for February 7, 2017
CBNK, WNEB
Feb 7, 2017 | 05:56 EDT
Piper Jaffray analyst Matthew Breese calls Western New England Bancorp a top small cap pick for 2017 following the company's Q4 results. This was a good quarter Western New England as the company completed the acquisition of Chicopee and the systems conversion, the analyst tells investors in a research note. He raised his price target for the shares to $11.50 from $10.50 and keeps an Overweight rating on the name.
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