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Enter Symbol:
Rating: HTBK

Heritage Commerce Corp (NASDAQ: HTBK) upgraded to Buy by Sandler O'Neill

Monday,  Nov 23, 2015  10:25 AM ET by Kristen Bailey

Sandler O'Neill upgraded Heritage Commerce Corp (NASDAQ: HTBK) to
Buy. Sandler O'Neill rated Heritage Commerce Corp (NASDAQ: HTBK) to Hold on 09/28/2015, when the price was $11.41.

Heritage Commerce Corp. is the holding company of Heritage Bank of Commerce, Heritage Bank East Bay, Heritage Bank South Valley and Bank of Los Altos. The company offers a range of loans, primarily commercial, including real estate, construction, Small Business Administration), inventory and accounts receivable, and equipment loans. The company also accepts checking, savings, and time deposits; NOW and money market deposit accounts; and provides travelers' checks, safe deposit, and other customary non-deposit banking services.

Sandler O’Neill publishes in-depth equity research on approximately 200 financial services companies. Our analysts cover small-, mid- and large-cap banks and thrifts; specialty finance, asset management, credit card and eFinance companies; investment banks and insurers. __ We also publish frequent special reports on regional trends, industry consolidation, mutual-to-stock conversions, and other topics. Our research is especially valuable to smaller issuers that are not widely followed by “bulge bracket” Wall Street firms. Those issuers often have sufficient trading volume to attract institutional interest, yet lack quality coverage. We track larger issuers as well, providing fresh perspectives, independent thinking and deep industry knowledge.

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