UPDATE: Sterne Agee Upgrades Beneficial Mutual Bancorp on Potential Second Step Upon Completion of DOJ Investigation
October 25, 2013 at 11:08 AM EDT
In a report published Friday, Sterne Agee analyst Matthew Breese upgraded the rating on Beneficial Mutual Bancorp (NASDAQ: BNCL ) from Neutral to Buy, and named an $11.50 price target. In the report, Sterne Agee noted, “While Beneficial remains under investigation by the DOJ, we believe resolution is possible within
