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Privatebancorp, Inc. (PVTB) [hlAlert]

down 12.99 %

Privatebancorp, Inc. (PVTB) downgraded to Hold by Stifel Nicolaus

Posted on: Wednesday,  Jul 27, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Privatebancorp, Inc. (NASDAQ: PVTB) on 07/27/2011. Previously Stifel Nicolaus rated Buy Privatebancorp, Inc. (NASDAQ: PVTB) on 06/21/2011.,
when the stock price was $14.31. Since then, Privatebancorp, Inc. has lost 13.00% as of 07/27/2011's recent price of $12.45.
If you would have followed the previous Stifel Nicolaus's recommendation on PVTB, you would have lost 12.99% of your investment in 36 days.

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

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2011 8:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD down  -13.42 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2011 8:25 AM Buy
14.31 17.00
5/21/2010 8:25 AM Buy
13.27 20.00

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