CapitalSource Rating Increased to Buy at Sandler O’Neill (CSE)

By admin | 6 years ago

CapitalSource (NYSE: CSE) was upgraded by research analysts at Sandler O’Neill from a “hold” rating to a “buy” rating in a report released on Monday.

Shares of CapitalSource traded up 0.31% during mid-day trading on Monday, hitting $6.50. CapitalSource has a one year low of $5.08 and a one year high of $7.26. The company’s market cap is $1.508 billion.

A number of other analysts have also recently weighed in on CSE. Analysts at Guggenheim upgraded shares of CapitalSource from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, May 1st. They now have a $8.00 price target on the stock, up previously from $7.25. Analysts at Sterne Agee upgraded shares of CapitalSource from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, May 1st. They now have a $7.50 price target on the stock, up previously from $7.35.

CapitalSource Inc. (CapitalSource) is a commercial lender which, primarily through its wholly owned subsidiary, CapitalSource Bank, provides financial products to small and middle market businesses nationwide and provides depository products and services in southern and central California.

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