UPDATE: FIG Partners Initiates Southwest Bancorp at Outperform on Turnaround Outlook
FIG Partners initiated coverage on Southwest Bancorp (NASDAQ: OKSB) with an Outperform rating and a $15.00 price target.
FIG Partners said, "We are initiating coverage of Southwest Bancorp with an ‘Outperform' rating. Our 12-month price target is $15 per share. This represents potential upside of ~ 15% from current levels. Since making a low in the fall of 2011 OKSB shares have been strong jumping ~ 240%. … Following a busy 2012 we expect 2013 to be a year of transition were we see the balance sheet stabilize and management gets its new team in place to grow the franchise at a more measured pace going forward."
Southwest Bancorp closed at $13.11 on Thursday.
Latest Ratings for OKSB
Date | Firm | Action | From | To |
---|---|---|---|---|
Jan 2017 | Raymond James | Downgrades | Market Perform | Underperform |
Jan 2017 | Sandler O'Neill | Upgrades | Sell | Hold |
Dec 2016 | DA Davidson | Downgrades | Buy | Neutral |
View More Analyst Ratings for OKSB
View the Latest Analyst Ratings
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: FIG PartnersAnalyst Color Initiation Analyst Ratings