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FBNK

First Connecticut

16:02
08/22/17
08/22
16:02
08/22/17
16:02

First Connecticut boosts quarterly dividend to 14c per share

First Connecticut Bancorp announced that its Board of Directors has voted to increase its quarterly dividend to 14c per share, an increase of 2c. In making this announcement, John J. Patrick, Jr., Chairman, President & CEO said, "We are pleased to increase our dividend again this quarter and reward our shareholders." Dividends will be payable on September 11 to all shareholders of record as of September 1.

FBNK First Connecticut

11/16/16
PIPR
11/16/16
DOWNGRADE
Target $19
PIPR
Neutral
First Connecticut downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Matthew Breese downgraded First Connecticut to Neutral citing valuation following the recent rally in the shares. The analyst keeps a $19 price target for the shares.
01/31/17
PIPR
01/31/17
UPGRADE
Target $25.5
PIPR
Overweight
First Connecticut upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Matthew Breese upgraded First Connecticut to Overweight citing the company's Q4 results and improved outlook. The analyst raised his price target for the shares to $25.50 from $23.
06/14/17
PIPR
06/14/17
DOWNGRADE
Target $26
PIPR
Neutral
First Connecticut downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Matthew Breese downgraded First Connecticut Bancorp to Neutral saying the shares at $27 are fairly valued. The analyst keeps a $26 price target for the stock.

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