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Glacier Bancorp, Inc. (GBCI) [hlAlert]

up 66.97 %

Glacier Bancorp, Inc. (GBCI) rated Buy with price target $18 by B. Riley

Posted on: Monday,  Jun 7, 2010  11:25 AM ET by B. Riley

B. Riley rated Buy Glacier Bancorp, Inc. (NASDAQ: GBCI) on 06/07/2010, when the stock price was $15.35. Since
then, Glacier Bancorp, Inc. has gained 66.97% as of 01/26/2016's recent price of $25.63.
If you would have followed this B. Riley's recommendation on GBCI, you would have gained 66.97% of your investment in 2059 days.

Glacier Bancorp, Inc. is a regional multi-bank holding company providing commercial banking services from 98 banking offices in Montana, Idaho, Wyoming, Colorado, Utah and Washington. The Company offers a range of banking products and services, including transaction and savings deposits, commercial, consumer, and real estate loans, mortgage origination services, and retail brokerage services. It serves individuals, small to medium-sized businesses, community organizations and public entities. It operates sixteen subsidiaries, which consists of eleven bank subsidiaries and five trust subsidiaries (collectively, the Banks). On April 30, 2008, Glacier Bank of Whitefish (Whitefish) merged into Glacier Bank (Glacier) resulting in operations conducted under the Glacier charter. On February 1, 2009, First National Bank of Morgan (Morgan) merged into 1st Bank. In October 2009, Glacier Bancorp, Inc. completed the acquisition of First National Bank & Trust.

B. Riley'research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/7/2010 11:25 AM Buy
15.35 18.00
as of 12/31/2010
1 Week down  -4.02 %
1 Month up  12.60 %
3 Months up  2.87 %
1 YTD down  -2.21 %

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