Boenning & Scattergood Downgrades Webster Financial To Neutral

Analysts at Boenning & Scattergood downgraded

from Outperform to Neutral and removed the price target of $34.00. Webster Financial shares have gained 16.79% over the past 52 weeks, while the S&P 500 index has surged 9.05% in the same period. Webster Financial's shares dropped 0.70% to close at $36.79 yesterday.