2020-04-30 07:57:42 OCFC OceanFirst Financial
04/30/20 04/3007:57 04/30/2007:57 | OceanFirst Financial upgraded to Overweight after earnings at StephensAs previously reported, Stephens analyst Matt Breese upgraded OceanFirst Financial to Overweight from Equal Weight with a $20 price target following the company's Q1 earnings report, which featured strong core loan growth, stable core net interest margin and better than anticipated expenses. Given its better than average credit history and history dealing with natural disasters, he thinks OceanFirst is well prepared to handle COVID-related impacts, Breese noted. |
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