UPDATE: Bank of America Raises PO on EverBank Financial on Underappreciated Opportunities
March 05, 2013 at 08:55 AM EST
In a report published Tuesday, Bank of America reiterated EverBank Financial Corp's (Nasdaq: EVER ) Buy rating and raised the price objective from $16.00 to $17.00. Bank of America reported that, “While investors have become increasingly worried about mortgage banking comps in '13, we expect mortgage banking revenue at EVER