Wunderlich Securities Maintains Buy Rating and $28 PT on Bank of the Ozarks

A report from Wunderlich Securities reiterates its Buy rating and $28 price target on Bank of The Ozarks (NASDAQ: OZRK).

The report states, “We believe that Ozarks is likely to exceed the consensus estimate for the quarter, which should result in upward earnings revisions that would support a higher share price. Despite occasionally trading lower on the heels of an upside surprise in past quarters, we do not expect this pattern in 3Q11”.

OZRK closed yesterday at $22.78.