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Privatebancorp, Inc. (PVTB) [hlAlert]

Rating:
Neutral PVTB
down 65.43 %

Privatebancorp, Inc. (PVTB) downgraded to Neutral by JP Morgan

Posted on: Thursday,  Oct 29, 2009  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Privatebancorp, Inc. (NASDAQ: PVTB) on 10/29/2009. Previously JP Morgan rated Buy Privatebancorp, Inc. (NASDAQ: PVTB) on 11/05/2007.,
when the stock price was $26.70. Since then, Privatebancorp, Inc. has lost 65.43% as of 10/29/2009's recent price of $9.23.
If you would have followed the previous JP Morgan's recommendation on PVTB, you would have lost 65.43% of your investment in 724 days.

PRIVATEBANCORP is a bank holding company for The PrivateBank and Trust Company.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2009 8:25 AM Hold
None
9.23
as of 12/31/2009
1 Week   
1 Month   
3 Months down  -62.26 %
1 YTD down  -71.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2007 9:25 AM Buy
None
26.70
10/8/2007 10:28 AM Hold
None
31.18
7/2/2007 10:06 AM Buy
None
28.89

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