By: Benzinga
November 19, 2012 at 10:39 AM EST
UPDATE: Sterne Agee Upgrades Astoria Financial Corp. to Neutral, Reiterates $9 PT
In a report published Monday, Sterne Agee Group upgraded its rating on Astoria Financial Corp. (NYSE: AF ) from Underperform to Neutral, and reiterated its $9.00 price target. Sterne Agee noted, “We are upgrading Astoria Financial from Underperform to Neutral. While fundamentals are expected to remain challenged, we believe the
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