By: Benzinga
UPDATE: Sterne Agee Upgrades OceanFirst Financial to Buy on Valuation
Sterne Agee raised its rating on OceanFirst Financial (NASDAQ: OCFC ) from Neutral to Buy with a new $14.50 price target. Sterne Agee commented, "We are upgrading shares of OceanFirst to Buy with a $14.50 price target. After conversations with management, we believe shares have been unduly punished for
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