Keefe Bruyette & Woods Upgrades Malvern Bancorp To Outperform

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Keefe Bruyette & Woods upgraded Malvern Bancorp, Inc. (NASDAQ: MLVF) from Market Perform to Outperform.The price target for Malvern Bancorp has been raised from $13.00 to $16.00.Malvern Bancorp shares have gained 34.33 percent over the past 52 weeks, while the S&P 500 index has surged 12.61 percent in the same period.Malvern Bancorp shares fell 0.07 percent to close at $13.89 on Friday.

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