Keefe Bruyette says that while the termination of HomeStreet’s (HMST) merger with FirstSun Capital (FSUN) is not a surprise given the October update, the stock could be weak today as the market officially removes the FirstSun acquisition premium. The firm has a Market Perform rating on the shares with a $14 price target.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HMST: