According to Sterne Agee, United Financial Bancorp UBNK is downgraded to Neutral.
Sterne Agee said that it downgraded the shares to Neutral based on valuation. “Our 2011, 2012, and 2013, operating EPS estimates remain unchanged at $0.74, $0.77, and $0.79, respectively.”
United Financial Bancorp closed on Friday at $16.09.
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