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Sterne Agee Drops TrustCo Bank Corp NY

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Sterne Agee has discontinued coverage on TrustCo Bank Corp NY (NASDAQ: TRST) due to a reallocation of resources.

In the report, Sterne Agee writes "At the time of the coverage drop, we rated the stock Neutral. Our 2011 and 2012 operating EPS estimates equaled $0.47 and $0.54, respectively."

TrustCo Bank Corp NY closed yesterday at $6.50.

 

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Posted-In: Sterne Agee trustco bank corp nyAnalyst Color Initiation Analyst Ratings

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