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Stock Market & Financial Investment News

News Breaks
March 6, 2013
07:09 EDTBKUBankUnited files to sell 19.6M shares for selling stockholders
Morgan Stanley & Co. LLC and BofA Merrill Lynch are acting as joint book-running managers for the offering.
News For BKU From The Last 14 Days
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July 1, 2015
10:00 EDTBKUOn The Fly: Analyst Upgrade Summary
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06:22 EDTBKUValley National upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Valley National (VLY) to Neutral saying interest rates being "low for long" could drive bank stocks above fair value at least over the short-term. The firm raised its price target for Valley to $11 from $9.50. JPMorgan also upgraded BankUnited (BKU) this morning to Overweight. Its top picks in the U.S. Mid- and Small-Cap Banks space are SVB Financial (SIVB), KeyCorp (KEY) and First Republic (FRC).
06:19 EDTBKUBankUnited upgraded to Overweight from Neutral at JPMorgan
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