Northfield Bancorp price target raised to $14.50 from $12 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Northfield Bancorp (NFBK) to $14.50 from $12 and keeps a Market Perform rating on the shares. The combined company with Columbia Financial (CLBK) is expected to be a strong competitor in the greater New Jersey and metro New York markets, including Brooklyn and Staten Island, the analyst tells investors in a research note.