UPDATE: Keefe, Bruyette & Woods Terminates Coverage on Sterling Financial Corporation Following Acquisition by UMPQ

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.