UPDATE: Wunderlich Downgrades Home Bancshares on Full Valuation Following Surge in Share Price

In a report published Friday, Wunderlich Securities analyst Kevin Reynolds downgraded the rating on Home Bancshares (NASDAQ: HOMB ) from Buy to Hold, but reiterated the $30.00 price target. In the report, Wunderlich Securities noted, “We are downgrading shares of Home BancShares (HOMB) to Hold from Buy as shares have