UPDATE: Wunderlich Securities Upgrades Home Bancshares As Accretive Acquisition Is Expected Soon

In a report published Friday, Wunderlich Securities analyst Kevin Reynolds upgraded the rating on Home Bancshares (NASDAQ: HOMB ) from Hold to Buy, and raised the price target from $35.00 to $38.00. In the report, Wunderlich Securities noted, “We are upgrading shares of Home BancShares (HOMB) to Buy and raising