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Stock Market & Financial Investment News

News Breaks
January 17, 2014
14:53 EDTWBSWebster Financial price target raised to $35 from $28.50 at Boenning & Scattergood
Boenning & Scattergood increased its price target on Webster Financial after the company reported higher than expected EPS. The firm thinks the company has improving credit trends, excess capital positions, and above-industry growth prospects. It keeps an Outperform rating on the stock
News For WBS From The Last 14 Days
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June 18, 2015
10:01 EDTWBSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arch Capital (ACGL) downgraded to Market Perform from Outperform at BMO Capital... Bankrate (RATE) downgraded on revenue headwinds at SunTrust... Carter's (CRI) downgraded to Neutral from Buy at Sterne Agee CRT... Lumenis (LMNS) downgraded to Market Perform from Outperform at Wells Fargo... Nimble Storage (NMBL) downgraded to Hold from Buy at Wunderlich... Southwest (LUV) downgraded to Underweight from Overweight at Barclays... Spirit Airlines (SAVE) downgraded to Neutral from Outperform at Credit... Webster Financial (WBS) downgraded to Underweight from Equal Weight at Morgan Stanley.
08:02 EDTWBSWebster Financial downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded Webster Financial to Underweight and increased its price target to $36 from $34. The firm believes the bullish expectations for the health savings account business is reflected in valuation and in-line earnings growth and profitability will result in multiple compression.

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