Sanford C. Bernstein Downgrades Prosperity Bancshares (PB) to Underperform

Sanford C. Bernstein Analyst Ratings & Stock Recommendations This page lists the most recent publicly-reported stock recommendations and ratings issued by analysts at Sanford C. Bernstein. These ratings and price targets were collected from pubilc media reports and are believed to be accurate, but cannot be verified with 100% certainty.

Sanford C. Bernstein lowered Prosperity Bancshares from a "mkt perform" rating to an "underperform" rating in a research report on Tuesday, May 28th. zacks investment research lowered Prosperity Bancshares from a "hold" rating to a "sell" rating in a research report on Wednesday, April 3rd.

Hovde Group lowered Prosperity Bancshares from an "outperform" rating to a "market perform" rating and set a $79.00 price target for the company. in a research note on Friday, March 1st. Sanford C. Bernstein lowered Prosperity Bancshares from a "mkt perform" rating to an "underperform" rating in a research note on Tuesday, May 28th.

8 brokers have issued 1-year price objectives for prosperity bancshares’ shares. Their forecasts range from $62.71 to $84.00. On average, they anticipate prosperity bancshares’ stock price to reach $73.9517 in the next twelve months. This suggests a possible upside of 13.9% from the stock’s current price.

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Raymond James upgraded shares of Prosperity Bancshares (NYSE:PB) from an underperform rating to a market perform rating in a report released on Tuesday morning, Benzinga reports. The brokerage currently has $62.71 price objective on the bank’s stock. A number of other brokerages also recently weighed in on PB.

RBI cuts interest rates to 9-year low, expects banks to quickly lower home, auto loan EMIs RBI cuts interest rates to 9-yr low, expects banks to quickly lower home, auto loan. pti.. In a move that may lead to lower home, auto and other loan EMIs, the RBI on Thursday cut interest.

Several other institutional investors and hedge funds also recently modified their holdings of PB. Virginia. June 17th.

Prosperity Bancshares, Inc. (NYSE:PB) Vice Chairman H E. Timanus, Jr. purchased 10,000 shares of the business’s stock in a transaction on Monday, August 5th. The shares were bought at an average.

Prosperity Bancshares, Inc. (NYSE:PB) – Analysts at SunTrust Banks boosted their Q1 2020 earnings estimates for shares of Prosperity Bancshares in a research report issued on Monday, June 17th. SunTrust Banks analyst J. Demba now anticipates that the bank will post earnings per share of $1.24 for the quarter, up from their prior estimate of [.]