In a report published Monday, Keefe, Bruyette & Woods analyst Jacquelynne Chimera terminated coverage on Sterling Financial Corporation STSA.
In the report, Keefe, Bruyette & Woods noted, “UMPQ completed its acquisition of Sterling Financial Corporation on 4/18/14, and we are dropping coverage of STSA as a result. Our final price target and rating on shares were $31 and Market Perform, respectively.”
Sterling Financial Corporation closed on Thursday at $33.10.
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