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Wunderlich Securities Lowers Green Bankshares PT Following “Horrible” 3Q10 Loss
Thursday, October 21, 2010 - 9:06amWunderlich Securities says that it is downgrading its rating on shares of Green Bankshares, Inc. (NASDAQ: GRNB) to Sell from Hold, and the company is lowering its price target to $2.00 per share from $7.50, “although our new target price may ultimately prove to be somewhat generous.” “GRNB reported...
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Wunderlich Lowers Price Target for Green Bankshares, Inc.
Friday, July 30, 2010 - 11:48amGreen Bankshares, Inc. (NASDAQ: GRNB) showed a strong 2Q, but Wunderlich has lowered its price target to $12 from $14, while maintaining its "hold" rating. Overall asset quality deteriorated even though 2Q results exceeded expectations, and it is clear that some credit issues remain for the...
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