Sterne Agee

In a company report published earlier today, Sterne Agee Group, Inc. reiterated its Neutral rating for Trustmark Corporation (NASDAQ: TRMK), but did not name a price target, related to Trustmark's recent purchase of BancTrust Financial Group, Inc. (NASDAQ: BTFG) Sterne Agee went on to say “The...

Sterne Agee reiterates its Buy rating on TRW Automotive Holdings (NYSE: TRW) and reduces its price target from $62 to $59 a share. Sterne Agee comments, "We have reduced our earnings assumptions for 2012 and 2013 to reflect growing concerns in Europe, especially in Spain. …TRW's margin at the...

According to a research report published this morning, Sterne Agee has initiated EverBank Financial (NYSE: EVER) with a Buy rating and $13 PT. In the report, Sterne Agee said, "We view EVER as an asset generator first, and deposit gatherer second. Since before the recession began, management has...

Listed below are today's Top Upgrades at Benzinga: Wedbush Securities Upgrades Jack in the Box (NASDAQ: JACK) to Neutral: Wedbush said, "We are raising JACK to NEUTRAL from UNDERPERFORM. We believe JACK is positioned to benefit from a recent easing in industry-wide price-centric competition, as...

Sterne Agee raises it rating on Approach Resources (NASDAQ: AREX) from Underperform to Neutral. Sterne Agee notes, "We believe the sharp pullback in Approach shares, in conjunction with an industrywide valuation contraction, is overdone, barring another leg down in oil prices. Approach's share...

Watch this corner for our 'Trade the Ratings' trader throughout the week. We will show you what signals we took from our Ratings feed in Benzinga Pro, why, and how they are working out. For this week, our trades were Safeway (NYSE: SWY), Assurant (NYSE: AIZ) and The Blackstone Group (NYSE: BX...

According to a research report published this morning, Sterne Agee has increased Hewlett-Packard's (NYSE: HPQ) PT from $31 to $33. In the report, Sterne Agee commented, "HPQ reported a big April quarter upside. This was surprising in light of weak results from DELL and CSCO. The key takeaway is...

According to a research report published this morning, Sterne Agee has increased Genesco's (NYSE: GCO) PT from $80 to $85. In the report, Sterne Agee said, "We would be buyers of GCO. We view the continued favorable trends, strong execution, and conservative guidance as catalysts for EPS and...

Listed below are today's top pre-market Upgrades at Benzinga: Canaccord Upgrades Total SA (NYSE: TOT) to Hold: Canaccord went on to say “The past two months have seen little sign of the typical defensiveness from the European integrated oils. We don't think this is too surprising, since 1) the...

In a flash note published earlier today, Sterne Agee Group, Inc. reiterated its Neutral rating and $9.50 price target for Patriot Coal Corporation (NYSE: PCX). Sterne Agee went on to say “Patriot's shares and bonds will likely be bound to speculation and views on how bank negotiations are...