Sterne Agee Drops TrustCo Bank Corp NY

By Joe Young
Benzinga Staff Writer
December 30, 2010 9:43 AM

Symbols: TRST

Tags: Sterne Agee, trustco bank corp ny

Posted in: Analyst Color, Initiation, Analyst Ratings

Sterne Agee has discontinued coverage on TrustCo Bank Corp NY (NASDAQ: TRST) due to a reallocation of resources.

In the report, Sterne Agee writes "At the time of the coverage drop, we rated the stock Neutral. Our 2011 and 2012 operating EPS estimates equaled $0.47 and $0.54, respectively."

TrustCo Bank Corp NY closed yesterday at $6.50.

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Sterne Agee Drops TrustCo Bank Corp NY

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