UPDATE: Sterne Agee Upgrades United Financial Bancorp Following Merger With Rockville Financial

In a report published Friday, Sterne Agee analyst Matthew Breese upgraded United Financial Bancorp (NASDAQ: UBNK ) from a Neutral rating to a Buy rating and with a price target of $22.25. In the report, Sterne Agee says "Last Friday, Rockville Financial (RCKB - $15.09 - Buy) and United Financial