Keefe

Keefe, Bruyette & Woods raises its price target from $32 to $36 on Market-Performed Liberty Property Trust (NYSE: LRY) as Q1 results show core NOI tracks in line with expectations. Keefe, Bruyette & Woods notes, "LRY reported Q1 FFO/sh of $0.68, ahead on lower interest costs and lease...

Keefe, Bruyette & Woods raises its price target from $82 to $84 on Outperform-rated ACE Limited (NYSE: ACE) following good quarter results across the board. Keefe, Bruyette & Woods says, "ACE reported a ROCK of [$2.84, $2.05, $1.87, $1.91] for a good-all- around quarter. The “beat” was...

Keefe, Bruyette & Woods increases its price target from $54 to $60 on Market Perform-rated Signature Bank (NASDAQ: SBNY) on loan growth. Keefe, Bruyette & Woods comments, "Signature Bank produced strong earnings in the first quarter. The beat relative to us was primarily on gain-on-sale...

Keefe, Bruyette & Woods lowers its rating on PrivateBancorp (NASDAQ: PVTB) on valuation following share price rise, but raises its price target from $16 to $17 on healthy fundamentals. Keefe, Bruyette & Woods notes, "PVTB reported a 1Q beat to our estimate and consensus, fueled by...

Keefe, Bruyette & Woods increases its price target on Outperform-rated Peoples Bancorp (NASDAQ: PEBO) from $21 to $23 following a beat across the board for Q1. Keefe, Bruyette & Woods says, "First quarter operating results of $0.64/share handily beat our estimate and consensus due to a...

Keefe, Bruyette & Woods raises its price target from $15 to $16 on Outperform-rated Oritani Financial Corp (NASDAQ: ORIT) as the company posts a strong quarter and looks to improve further from here. Keefe, Bruyette & Woods comments, "ORIT posted very solid results for 3Q12 and we are...

Keefe, Bruyette & Woods raises its price target from $14 to $17 on Market Perform-rated FirstMerit Corporation (NASDAQ: FMER) on raised estimates. Keefe, Bruyette & Woods comments, "FirstMerit reported 1Q operating earnings of $0.28/share, which was ahead of our estimate and consensus....

Keefe, Bruyette & Woods raises its price target from $12 to $14 on Market Perform-rated First Interstate BancSystem (NASDAQ: FIBK) as the company moves to improve the bottom line. Keefe, Bruyette & Woods comments, "The first quarter for FIBK showed that core profitability was under...

Keefe, Bruyette & Woods raises its price target from $4 to $6 on Farmers Capital Bank Corp (NASDAQ: FFKT) following big quarterly EPS beat, but maintains its Market Perform rating on shares as it believes lower credit costs are likely unsustainable. Keefe, Bruyette & Woods notes, "FFKT...

Keefe, Bruyette & Woods lowers its price target from $12.50 to $12 on Market Perform-rated FNB Corporation (NYSE: FNB) as it revises down estimates on higher expense run rate. Keefe, Bruyette & Woods says, "Operating results for FNB were $0.19/sh, matching the Street but missing KBWe by a...