FIG Partners

FIG Partners initiated coverage on Southwest Bancorp (NASDAQ: OKSB) with an Outperform rating and a $15.00 price target. FIG Partners said, "We are initiating coverage of Southwest Bancorp with an ‘Outperform' rating. Our 12-month price target is $15 per share. This represents potential upside of...

In a report published Wednesday, FIG Partners upgraded its rating on MutualFirst Financial (NASDAQ: MFSF) from Market Perform to Outperform and reiterated its $15.00 price target. FIG Partners noted, “We are raising our rating on shares of MFSF to ‘Outperform'. Admittedly, we have missed the stock...

In a report published Friday, FIG Partners raised its price target on Geospace Technologies Corp. (NASDAQ: GEOS) from $105.00 to $125.00. FIG Partners noted, “Geospace Technologies announced an EPS of $1.70 for the quarter that ended Dec 2012 vs. our estimate of $1.17 and the Street's estimate of...

In a report published Monday, FIG Partners reiterated its $52.00 price target on Tidewater (NYSE: TDW). FIG Partners noted, “We believe that the market conditions and the demand for TDW's services will continue to improve. There are 85 jack-ups currently being under construction around the world....

In a report published Monday, FIG Partners reiterated its Outperform rating on Lakeland Financial Corporation (NASDAQ: LKFN), but slightly lowered its price target from $30.00 to $29.00. FIG Partners noted, “Lakeland Financial reported 4Q12 EPS of $0.52 vs. $0.57 in 3Q12. On a core basis the...

In a report published Monday, FIG Partners reiterated its Market Perform rating on CoBiz Financial (NASDAQ: COBZ), and slightly raised its price target from $7.25 to $8.00. FIG Partners noted, “CoBiz reported 4Q12 results of $0.17 per share vs. $0.14 in 3Q12. The core results of $0.15 compared to...

FIG Partners downgraded FirstMerit Corporation (NASDAQ: FMER) from Outperform to Market Perform and announced a $16.00 price target. FIG Partners commented, "We are lowering our investment rating on FMER to ‘Market-Perform' based on recent price appreciation. The stock is up ~ 10% since being...

In a report published Friday, FIG Partners upgraded its rating on Synovus Financial Corp. (NYSE: SNV) from Underperform to Market Perform with a $2.65 price target. FIG Partners noted, “SNV announced the bulk sale of $530 million classified and criticized loans which were rated nonperforming,...

In a report published Wednesday, FIG Partners upgraded its rating on MB Financial (NASDAQ: MBFI) from Market Perform to Outperform, and raised its price target to $23.50. FIG Partners noted, “Shares have sharply underperformed the NASDAQ Bank Index since mid July and currently trade at a discount...

FIG Partners raised its rating on FirstMerit (NASDAQ: FMER) from Market Perform to Outperform. FIG Partners commented, "Since the CRBC deal was announced FMER shares are down ~ 17% while the major bank indexes have been relatively flat. We believe this pullback has presented a buying opportunity...

FIG Partners initiated coverage on Tidewater (NYSE: TDW) with a $60 price target and believes the stock is great way to play the boom in offshore drilling. FIG Partners noted, "We believe that the upcycle in the OSV market is just beginning and with its international exposure and geographic...

FIG Partners reduced its rating on Western Alliance Bancorporation (NYSE: WAL) from Outperform to Market Perform but raised its price target from $11 to $12. FIG Partners commented, "In our opinion, investors should be intrigued with WAL. We anticipate the company will make more money and grow...

In a report published Wednesday, FIG Partners reiterated its Market Perform rating on Commerce Bancshares (NASDAQ: CBSH), but slightly lowered its price target from $43.00 to $42.00. FIG Partners noted, “We are maintaining our ‘Market-Perform' rating on CBSH shares and lowering our 12-month price...

FIG Partners initiated coverage on HomeStreet (NASDAQ: HMST) with an Outperform rating and a $55 price target. FIG Partners commented, "The majority of originated mortgage loans are underwritten to secondary market standards with most sold to or securitized by Fannie Mae, Freddie Mac or Ginnie...

FIG Partners initiated coverage on MasTec (NYSE: MTZ) with a $25 price target. FIG Partners said, "Demand for MTZ's services is strong and backlog continues to build up. We think that MTZ might even enjoy a ramp up in larger diameter pipelines activity in 2013 NYSE (MTZ's sweet spot is currently...