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Bridge Capital Holdings Upgraded to Neutral by Zacks (BBNK)

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Bridge Capital Holdings logoZacks upgraded shares of Bridge Capital Holdings (NASDAQ: BBNK) from an underperform rating to a neutral rating in a research report released on Tuesday morning, Stock Ratings Network.com reports. Zacks currently has $16.40 price objective on the stock.

Zacks has also updated their ratings on a number of other financials stocks in the last week. The firm upgraded shares of Synovus Financial Corp. from an underperform rating to a neutral rating. The firm now has a $3.00 price target on that stock. Also, Zacks reiterated its neutral rating on shares of Prosperity Bancshares Inc. They have a $56.00 price target on that stock. Finally, Zacks reiterated its outperform rating on shares of Regions Financial Corp.. They have a $10.50 price target on that stock.

Shares of Bridge Capital Holdings (NASDAQ: BBNK) remained flat at $15.98 during during mid-day trading trading on Tuesday. Bridge Capital Holdings has a 52 week low of $13.41 and a 52 week high of $16.38. The stock’s 50-day moving average is currently $15.67. The company has a market cap of $230.3 million and a P/E ratio of 16.49.

Separately, analysts at FIG Partners upgraded shares of Bridge Capital Holdings from a market perform rating to an outperform rating in a research note to investors on Thursday, May 2nd.

Bridge Capital Holdings is a bank holding company for its subsidiary, Bridge Bank, National Association (NASDAQ: BBNK).

To view Zacks’ full report, visit www.zacks.com


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