Sterne Agee Initiates Hanmi Financial At Buy

Analysts at Sterne Agee initiated coverage on Hanmi Financial

with a Buy rating. The target price for Hanmi Financial is set to $25. Hanmi Financial shares have gained 4.00% over the past 52 weeks, while the S&P 500 index has surged 14.08% in the same period. Hanmi Financial's shares fell 2.26% to close at $20.29 yesterday.