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Enter Symbol:
 
Webster Financial Corporation (WBS) [hlAlert]

Rating:
Outperform
WBS
up 45.11 %

Webster Financial Corporation (WBS) rated Outperform by Raymond James

Posted on: Tuesday,  Jan 21, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Webster Financial Corporation (NYSE: WBS) on 01/21/2014. Previously Raymond James rated Strong Buy Webster Financial Corporation (NYSE: WBS)
on 09/19/2012., when the stock price was $24.34. Since then, Webster Financial Corporation has gained 45.11% as of 01/13/2016's recent price of $35.32.
If you would have followed the previous Raymond James's recommendation on WBS, you would have gained 45.11% of your investment in 1211 days.

Webster Financial Corporation (Webster) is a bank holding company. Webster, through Webster Bank and various non-banking financial services subsidiaries, delivers financial services to individuals, families, and businesses throughout southern New England and eastern New York State. Webster also offers equipment financing, commercial real estate lending, asset-based lending, and insurance premium financing. Webster provides business and consumer banking, mortgage lending, financial planning, trust, and investment services through 181 banking offices, 489 automated teller machine (ATMs), telephone banking, and its Internet Website (www.websteronline.com). The Company operates through four business segments: Commercial Banking, Retail Banking, Consumer Finance, and Other. On February 1, 2008, Webster completed the sale of Webster Insurance to USI Holdings Corporation.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2014 8:25 AM Buy
None
32.03
as of 10/17/2014
1 Week up  0.92 %
1 Month down  -5.55 %
3 Months down  -3.46 %
1 YTD down  -8.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/19/2012 8:25 AM Buy
None
24.34

(*) Stock Price at the time of the recommendation.
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