Jefferies Initiates Sterling Bancorp At Buy

Analysts at Jefferies initiated coverage on shares of Sterling Bancorp

with a Buy rating. The target price for Sterling Bancorp is set to $14. Sterling Bancorp shares have jumped 19.31% over the past 52 weeks, while the S&P 500 index has surged 16.93% in the same period. Sterling Bancorp's shares fell 0.98% to close at $12.11 yesterday.