According to Sterne Agee, CVB Financial CVBF price target is raised to $11.
Sterne Agee said that CVB Financial reported 4Q11 EPS of $0.21, compared to $0.09 a year ago. “CVBF again turned in a respectable quarter with improved pre-provision profits and well-controlled expense levels.”
CVB Financial closed yesterday at $10.66.
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