Zacks Upgrades Sterling Financial Corp. (Washington) to “Neutral” (STSA)
Sterling Financial Corp. (Washington) (NASDAQ:STSA) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. The firm currently has a $35.10 price target on the stock. Zacks‘ price target suggests a potential upside of 2.63% from the company’s current price.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Sterling Financial Corp. (Washington) from $27.00 to $31.00 in a research note to investors on Monday, October 28th. They now have a “market perform” rating on the stock. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Sterling Financial Corp. (Washington) currently has a consensus rating of “Hold” and a consensus target price of $31.53.
Shares of Sterling Financial Corp. (NASDAQ:STSA) traded down 2.16% on Friday, hitting $33.46. 47,214 shares of the company’s stock traded hands. Sterling Financial Corp. has a 52-week low of $20.20 and a 52-week high of $35.20. The stock’s 50-day moving average is $33.28 and its 200-day moving average is $29.29. The company has a market cap of $2.067 billion and a P/E ratio of 23.39.
Sterling Financial Corporation (NASDAQ:STSA) is a bank holding company for Sterling Savings Bank.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.