Prosperity Bancshares (NYSE:PB) Raised to Market Perform at Raymond James

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Prosperity Bancshares (NYSE:PB) was upgraded by stock analysts at Raymond James from an "underperform" rating to a "market perform" rating in a research note issued to investors on Tuesday, June 18th, Marketbeat Ratings reports. The firm presently has a $62.71 price objective on the bank’s stock.

Prosperity Bancshares (NYSE:PB) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research report issued on Wednesday, Zacks.com reports. According to Zacks, "Shares of Prosperity Bancshares have outperformed the industry over the past year. The company has a decent earnings surprise history, having beaten the Zacks Consensus Estimate [.]

View detailed financial information, real-time news, videos, quotes and analysis on Prosperity Bancshares Inc. (NYSE:PB). Explore commentary on Prosperity Bancshares Inc. and hear what the experts.

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Within our up-to-date Prosperity Bancshares, Inc. (PB) Stock Research Report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Prosperity Bancshares, Inc. (PB).

 · On April 06 [th] , 2017, research firm raymond james downgraded the Company’s stock rating from ‘Outperform’ to ‘Market Perform’. On April 26 [th] , 2017, Prosperity Bancshares.

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Prosperity Bancshares (NYSE:PB) announced its quarterly earnings results on Wednesday. The bank reported .18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.18, Briefing.com reports. Prosperity Bancshares had a return on equity of 8.12% and a net margin of 38.27%.

Cloudera (NYSE:CLDR) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued to investors on Thursday, The Fly reports. Other equities research analysts have also recently issued research reports about the company. Zacks Investment Research cut Cloudera from a “buy” rating to [.]

Shares of Prosperity Bancshares raised a good 1.61% and closed at $68.00. Shares of Prosperity Bancshares ended today at $68.00 and raised a good 1.61%. Since last Monday when PB stock price broke down the SMA200d line, it slid $-0.41 per share (-0.60%).